Changing family dynamic may lead to tax relief
Members of the sandwich generation — caught between supporting elderly parents whose assets are nearly exhausted and adult children without jobs — ...
Expiring credits, deductions extended by Congress
Taxpayers preparing to file their 2012 returns can breathe a collective sigh of relief. The alternative minimum tax or AMT has been patched — ...
Numbers to know when you file your 2012 tax return
Key numbers to know when filing your 2012 tax returns, according to the Internal Revenue Service: PERSONAL EXEMPTION: —Each personal or dependent ...
IRS loses lawsuit in fight against tax preparers
A federal judge on Friday barred the IRS from imposing a series of new regulations, including a competency exam, on hundreds of thousands of tax ...
Taxpayers will ease banks' costs in mortgage deal
Consumer advocates have complained that U.S. mortgage lenders are getting off easy in a deal to settle charges that they wrongfully foreclosed on many ...
Charities worry new tax law will reduce donations
Charities and nonprofit organizations are worried that new limits on tax deductions for high earners will hurt donations just as charitable giving is ...
Obama agrees to use DC 'taxation' license plates
President Barack Obama's limousine will soon carry the District of Columbia's "Taxation Without Representation" license plate, a subtle, but some say ...
US tax code longer than Bible _ without good news
Too intimidated to fill out your tax return without help? Join the club. At nearly 4 million words, the U.S. tax law is so thick and complicated that ...
Tax filing season starts Jan. 30 for most filers
The Internal Revenue Service says late changes to federal tax laws should mean only a short delay for most taxpayers to file their 2012 returns.
Tiny Chevrolet Sonic helps Detroit shake off rust
When the word reached the Orion Assembly Plant, it spread along the serpentine assembly line like news of a death or natural disaster: General Motors, ...
New tax law packed with breaks for businesses
Tucked into the "fiscal cliff" tax package approved by Congress are billions of dollars in tax breaks that should make the new year a lot happier for ...
Swiss bank to pay $57.8M in US tax evasion plea
Switzerland's oldest bank became the first foreign bank to plead guilty in the United States to tax charges when it admitted Thursday that it helped ...
Details of legislation averting 'fiscal cliff'
Highlights of a bill Congress passed Tuesday aimed at averting wide tax increases and budget cuts scheduled to take effect with the new year.
Details of Senate bill averting 'fiscal cliff'
Highlights of a bill Congress passed Tuesday aimed at averting wide tax increases and budget cuts scheduled to take effect with the new year.
Details of tentative deal averting 'fiscal cliff'
Highlights of a tentative agreement Monday between the White House and Senate Minority Leader Mitch McConnell, R-Ky., aimed at averting wide tax ...
Over the fiscal cliff: Soft or hard landing?
Efforts to save the nation from going over a year-end "fiscal cliff" were still in disarray as lawmakers returned to the Capitol to confront the ...
Last-minute fiscal cliff talks in Senate
Senate leaders groped for a last-minute compromise Saturday to avoid middle-class tax increases and possibly prevent deep spending cuts at the dawn ...
US economy could handle short fall over 'cliff'
The economic threat that's kept many Americans on edge for months is nearing reality — unless the White House and Republicans cut a budget deal by New ...
Over the fiscal cliff: What kind of landing?
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break.
Over the fiscal cliff: How hard a landing?
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break.
Over the fiscal cliff: Soft landing or dizzy dive?
Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break.
Don't be fooled by January pay _ higher taxes loom
Workers probably won't feel the full brunt of next year's tax increases in their January paychecks, but don't be fooled by the temporary reprieve.
House GOP puts off vote on 'Plan B'
Confronted with a revolt among the rank and file, House Republicans abruptly scrapped a vote Thursday night on legislation allowing tax rates to rise ...
Boehner plan ends tax cuts for rich, poor
Taxpayers making more than $1 million would get hit with tax increases averaging $100,000 next year under House Speaker John Boehner's alternative tax ...
IRS: 100M taxpayers face delays without AMT fix
Up to 100 million taxpayers — about two-thirds of all filers — won't be able to file their 2012 tax returns until late March if Congress doesn't ...
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