Taxes
Taxes Articles
ThinkstockThe January expiration of the 2% temporary cut in payroll taxes is beginning to exact its toll on the U.S. economy. A recent survey from the National Retail Federation (NRF) confirms what...
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The news flow on the price of gasoline is rather concerning. 24/7 Wall St. just took a look at the states that have the highest gasoline prices in America. After personally paying about $99 at the...
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ThinkstockThe IRS has decided to state the obvious. If someone other than yourself prepares your taxes, make sure the person (or firm) is not a fake, fraud or dishonest. In an announcement, the...
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ThinkstockEarly this afternoon Senate Democrats revealed their plan to replace the $85 billion cut to federal spending known as the sequester with a $110 billion package that raises $54 billion in...
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ThinkstockThe U.S. Energy Information Administration (EIA) released data that show the average American household spent $2,912 on gas last year, just under 4% of income before taxes. Except for in...
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ThinkstockIf the United States is lowering its projected borrowing needs for the quarterly forecasting, that is supposed to be a good thing. The United States is swimming in debt and Bill Gross of...
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ThinkstockFinancially troubled Europe may have found a new way to bring in billions of dollars in revenue. It will place a tax on transactions by banks and related companies. That could pour cold...
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ThinkstockThe Republicans offered a new deal on taxes, and the White House likely will reject it. The proposal seems attractive. It would levy new taxes on people who make more than $1 million a...
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ThinkstockState governments really got whacked by the recession of 2008-2009. Barred by law from deficit spending and facing cuts in federal payments, most states cut programs and services sharply....
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We are seeing larger insider selling transactions ahead of year-end by many corporate insiders. With higher taxes on capital gains an almost certainty now, insiders are faced with a choice of selling...
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thinkstock In yet another effort by the Obama administration to put pressure on Republican Party opponents to negotiate a solution to the coming fiscal cliff, the White House today released a report...
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H&R Block Inc. (NYSE: HRB) fell 6% in early trading after announcing that it is exploring strategic alternatives for its banking unit. The tax-preparation company wants to avoid new capital...
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Governors and state legislatures across the country may want to take a page from the Jerry Brown playbook to bring down gasoline prices. In his state of California, regular gas sells for more than $5...
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After months and months of criticism about how well the top 1% do financially compared to the other 99% of earners, the very rich may get their comeuppance. A Tax Policy Center analysis of the...
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Former UBS AG (NYSE: UBS) banker Bradley Birkenfeld has been granted a whistleblower award of $104 million for supplying the U.S. Internal Revenue Service with information on more than 4,000 secret...
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