WASHINGTON – In Maryland, a state with the nation’s second-highest concentration of millionaires, there are a lot of eyes on President Obama‘s push for a “Buffet Rule” tax on the wealthiest Americans.

Two former owners of a Stoughton, Mass.-based temporary employment agency were convicted of paying their employees under the table to avoid paying more than $7 million in taxes and workers’ compensation insurance premiums.

One-third of participants in the latest IFAwebnews.com poll say that Ohio’s plan to review all insurance agents for tax and workers’ compensation law compliance prior to renewing their licenses is unfair.

Two senators from Pennsylvania are raising concerns about the federal tax treatment for life insurance policy sales and purchases.

Congress definitely should not tax the $57.5 trillion in death benefits paid out from life insurance each year, according to the latest IFAwebnews.com poll.

The practice of “off-shoring” income, or placing unreported income into foreign accounts, is drawing increased attention from the Internal Revenue Service, according to an international tax attorney.

Possible changes to Medicare and Social Security, along with tax increases, have more than half those between the ages of 55 and 79 fearing whether they can afford their plans for retirement, according to LIMRA research.

President Barack Obama, noting the bloated U.S. tax code needs to be reformed to be “fair and simple,” said he will not extend tax cuts to the wealthiest Americans again.

The majority of workers say that despite the economic downturn they have not been forced to change the amount of money they are putting into savings or their 401(k) plans.

The majority of participants in the most recent IFAwebnews.com poll say they do not get involved in their clients’ income taxes.