CONCORD, N.H. (AP) -- Democrat Barack Obama promoted his tax relief plan and Republican Mitt Romney likened Democratic Sen. Hillary Rodham Clinton's experience to an internship in television ads that the two presidential candidates began airing Frida
If a tax-system overhaul proposed last week were to pass into law, there would be a substantial redistribution of the tax burden. Those with incomes over $500,000 would bear the brunt of that shift, with tax bills that could grow by between 6 percent
NEW YORK (Reuters) - U.S. tax authorities at the Internal Revenue Service are focusing on the private equity and hedge fund industry in an attempt to discover if fund managers are paying their taxes properly. The move is the latest government effort
WASHINGTON (AP) -- The House tax-writing committee on Thursday advanced legislation to shield some 20 million middle-class taxpayers from being hammered this year by a tax meant to affect only the rich. The $77.8 billion package approved by the Ways
WASHINGTON (AP) -- The Federal Election Commission on Thursday declared Democratic presidential candidate John Edwards officially eligible for federal matching money to help finance his campaign. The step acknowledges that Edwards has met the minimum
NEW YORK (AP) -- The Internal Revenue Service is seeking $1.6 billion in taxes and penalties from the bankrupt New York Racing Association, a major hurdle for the group's bid to exit Chapter 11. But in a filing Tuesday with the U.S. Bankruptcy Court
TALLAHASSEE, Fla. (AP) -- The head of Florida's statewide teachers union Wednesday declared the group's opposition to a new property tax-cutting plan that's on the Jan. 29 ballot, but he said no decision yet has been made on launching a formal campai
Dear Tax Talk, Can I claim an international student as a dependent? My nephew currently lives in my house and has been living there for the last two years. He is an international student with an F1 visa, attending college. I pay everything including
WASHINGTON (AP) -- Congressional leaders tried to assure taxpayers Wednesday that a looming tax on the middle class will not expand its reach this year, but they remained divided on how to replace the revenue it otherwise would produce. With time run
HARRISBURG, Pa. (AP) -- State officials gave tens of millions of dollars to businesses without adequately checking whether the companies kept their job-creation promises and without recovering the money from failed deals, state Auditor General Jack W
With just days to go before the IRS starts printing its 2007 tax forms, top tax writers on the Hill promised a temporary fix to the Alternative Minimum Tax (AMT) by year-end. Last week, the IRS warned that if Congress does not act by early November,
BUFFALO, N.Y. (AP) -- Gov. Eliot Spitzer's administration has no plans to begin collecting sales tax on Indian cigarette and gasoline sales this year and has written $200 million in projected revenues out of the budget forecast. It will be at least n
Dear Tax Talk: What do we need to claim a credit for after-school child care? -- Andy Dear Andy, An annual tax credit is available for the expenses of caring for your children so that you and, if you are married, your spouse, can work. If you are ma
Halloween will be a little less scary for Internet access providers, which got another seven-year reprieve from new state and local taxes on Tuesday. The House of Representatives voted unanimously to prolong the Internet Tax Freedom Act, matching a s
Lawmakers are looking to pass $71 billion worth of tax-break extenders this year. Most politicians support the extensions, but how to pay for them is another matter entirely. As part of his introduced last week, House Ways and Means Chairman, Charles
·Wis. Lawmakers Pass Long-Ove
·Not all settlements are taxa
·Massive tax overhaul bill to
·Fidelity National to Spin Of
·House Democrats Propose Tax
·Giant tax overhaul bill unve
·Former Body Armor CEO Indict
·Balm For Housing Blues: Use
·The 'Mother of All Tax Bills
·Chicago Politicians Seek New
·Know escrow rules before wai
·Tax Relief Offered for Wildf
·Not all settlements are taxa
·Massive tax overhaul bill to
·Fidelity National to Spin Of
·House Democrats Propose Tax
·Giant tax overhaul bill unve
·Former Body Armor CEO Indict
·Balm For Housing Blues: Use
·The 'Mother of All Tax Bills
·Chicago Politicians Seek New
·Know escrow rules before wai
·Tax Relief Offered for Wildf
Taxes
