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Obama advertises tax breaks ahead of Tax Day

Obama advertises tax breaks ahead of Tax Day

Just ahead of Tax Day, President Barack Obama is urging Americans to take advantage of tax credits for first-time homebuyers, college students and others.

 

Nearly half of US households escape fed income tax

Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it's simply somebody else's problem....

 

12 Common Tax Return Mistakes To Avoid This Year

12 Common Tax Return Mistakes To Avoid This Year

Tax time is annoying and pressure-filled enough when your return is 100% accurate. Make a few mistakes, however, and April can quickly devolve into a nightmarish ordeal.

 

Average tax refund jumps by 10%

Average tax refund jumps by 10%

Many Americans will see a bigger check from the IRS this year, thanks to a boost in tax benefits.

 

Proposal for Bailout Tax on Banks Gains Support

Proposal for Bailout Tax on Banks Gains Support

President Obama’s proposal for a direct tax on banks to pay for future bailouts is gaining momentum in Europe.

 

Struggling Governments Get Creative to Raise Income

Authorities in Europe and the U.S. are turning to “stealth taxes” to avoid drawing attention to the tightening fiscal noose.

 

Do-it-yourself taxes vs. the CPA

After turning to a professional, one taxpayer went from owing thousands to getting a big refund.

 

12 Tax Breaks You Didn't Take Advantage of in 2009

Few things are more irritating during tax season than the belated realization that you paid more in taxes than you had to.

 

New deductions, credits available for ’09 taxes

New deductions, credits available for ’09 taxes

When taxpayers sit down to file their 2009 returns, they will find plenty new — some the result of adjusting for inflation, and other changes passed by Congress to fight the downturn.

 

Rangel temporarily steps down as House Ways and Means chair

Rangel temporarily steps down as House Ways and Means chair

Rep. Charlie Rangel temporarily stepped down as chairman of the House Ways and Means Committee on Wednesday, a decision forced by a growing storm of ethics controversies threatening the veteran congressman.

 

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