With late-breaking fiscal cliff tax legislation this year, the many tax law changes, delays in the start of tax season and important forms, just about everything needed to get your taxes done is working well right now, but that all could change after March 1.
It's the foregone conclusion that no matter which hand the folks in Washington try to play, the fact is taxes will be higher... much higher in the future.
Cutting money does not spur doom and gloom just as throwing money at a problem will not fix it. What matters is whether money is spent effectively.
After you've e-mailed your representatives, screamed at the television and torn your hair out, there is little more you can do about Washington's fiscal shenanigans. However, there is one thing you can do to protect yourself from the fallout: save more money.
The GOP can try to repackage their party by reaching out to all demographics. But, for many Americans, the GOP is just the same old party.
The signing of the American Taxpayer Relief Act of 2012 extended many expiring tax deductions and credits through 2013. With these changes come updates to the forms you use at tax time. What can you expect to see this tax season?
Yesterday, the Congressional Budget Office released its updated budget projections for 2013 through 2023. The new projections reflect all development...
We are far too vulnerable to forces beyond our control. We need to have more ownership of our local economy. Our work force, our schools, our industries require it in order to have more control over our local destiny.
Obama's "second honeymoon" period with the public may not last more than a few months, but for now seems to be holding steady. He's in a pretty good position right now in terms of "political capital," but this will likely change as legislative reality sets in.
Psychological scientists Daniel Ames and Susan Fiske are reporting evidence that our judgments of harm may be badly distorted by deeply-rooted cognitive biases that operate out of our awareness. Specifically, we may be prone to exaggerate damage when we perceive it as deliberate and blameworthy.
Getting a deal on immigration will be tougher than the fiscal cliff, but it is still possible if both President Obama and the Republicans learn from past successes, do not repeat missteps and seek to truly make this a win-win effort.
Its time to update the genius of America's Founding Fathers to fit our present circumstances. If we can't manage to be equal to their spirit, the democracy they so carefully crafted is bound to falter.
If you wonder why we spend more money on health care than any other country but have some of the worst health outcomes, you need look no further than the halls of Congress to figure it out.
Once again, it is up to President Obama to take the lead and make the American public aware of all this. Our nation is in a hopeful but tricky place right now and which way we go will depend as much on our confidence in ourselves as in any statistics.
The prospect of going over the fiscal cliff cast an additional pall on the markets, with many investors "fleeing to safety" until "things settle down." I am unaware of any stock market gurus who predicted all of these events, but what if they had?
These tax benefits embody all that is tax burden management. Neither is a big benefit, nor does either one affect "millions of taxpayers." However, if they impact you and you know about them, you will have more money in your pocket after you take advantage of them.