Future U.S. retirees could face tough times
02/18/2013Read moreFor the first time since the New Deal, a majority of Americans are headed toward a retirement in which...
Sequestration Threatens IRS Jobs, Taxpayer Services, Programs and National Security
02/18/2013Read moreShould the scheduled across-the-board federal spending cuts known as sequestration occur on March 1, the Treasury would have no...
Experts dispute value of Obama’s proposal to hike minimum wage
02/15/2013Read moreAdvocates of a proposal to raise the minimum wage argue that it will lift millions of low-wage workers out...
Life insurance a lifesaver for college?
02/15/2013Read moreParents worried about how they’ll afford the soaring cost of college for their children increasingly are being steered by...
Senate will reintroduce Marketplace Fairness Act
02/14/2013Read moreA proposal to allow states to collect online sales taxes will be reintroduced in the Senate on Thursday, with...
House Ways and Means names members to tax reform working groups
02/14/2013Read moreThe House Ways and Means Committee formally announced 11 separate working groups they hope will push the ball forward...
For small businesses, tax law has become a moving target
02/14/2013Read moreTax planning can be difficult for a small business, all the more so when a lot of the work...
U.S., Switzerland sign tax evasion agreement
02/14/2013Read moreThe U.S. has signed an agreement with Switzerland to help implement a law cracking down on offshore tax evasion,...
Determining Your Correct Filing Status
02/13/2013Read moreIt’s important to use the correct filing status when filing your income tax return. It can impact the tax...
Obama calls for legislation to bolster middle class
02/13/2013Read morePresident Obama appeared before a divided Congress on Tuesday night for his first State of the Union address of...
U.S. posts $3 billion budget surplus for January
02/13/2013Read moreThe budget posted a surprise surplus in January for the first time in five years, as the Treasury likely...
Tax reform effort accelerates in House
02/13/2013Read moreThe House Ways and Means Committee is expected to announce 11 separate working groups on tax reform as soon...
Fed officials push tough revamp of U.S. money markets
02/13/2013Read moreTwelve of the U.S. Federal Reserve’s top officials poured cold water on an industry-backed idea to stabilize money market...
7 little-known tax breaks for your 2012 return
02/13/2013Read moreIt’s already time to start thinking seriously about filing your Form 1040 for 2012, especially if you expect a...
Taxable and Nontaxable Income
02/12/2013Read moreMost types of income are taxable, but some are not. Income can include money, property or services that you...
Wall Street expects sequestration
02/12/2013Read moreMost market professionals do not believe the White House and Congress will strike a deal to avoid automatic spending...