iOS app Android app

Income Taxes

Is Mitt Romney Actually 'Stupid?'

Dean Obeidallah | Posted 09.18.2012 | Politics
Dean Obeidallah

Is withholding tax returns an "unintelligent decision" a.k.a. "stupid"? It would seem to be when polls indicate that 61 percent of Independent voters think Romney should release his returns from the last 12 years.

Taxpayer Illiteracy: Persistent and Widespread

Julian Block | Posted 09.01.2012 | Money
Julian Block

How many of those surveyed aren't aware of their own tax brackets?

Medicare Surtaxes Hike Taxes for Upper-Incomers

Julian Block | Posted 09.01.2012 | Money
Julian Block

What's certain is that our lawmakers will enact even more complications to an already confusing tax code.

John Celock

Voters Consider New Use For Oil Money

HuffingtonPost.com | John Celock | Posted 06.07.2012 | Politics

Voters in North Dakota will decide Tuesday whether to continue using property taxes to fund local governments or to instead use oil funds to bolster m...

More Than 10,000 Rich Households Didn't Pay Income Tax

The Huffington Post | Catherine New | Posted 05.29.2012 | Money

Out of the 3.9 million households that reported an adjusted gross income of $200,000 or more in 2009, more than 10,000 households paid nothing in taxe...

Here's Why Half Of Americans Don't Pay Income Tax

CNNMoney | Jeanne Sahadi | Posted 04.26.2012 | Money

NEW YORK (CNNMoney) -- It's a provocative fact about the tax code: Nearly half of U.S. households end up owing no federal income tax. But it's not ...

SomeTax Preparers Are Fudging Clients' Income In Aim To Jack Up Fees

Reuters | Posted 06.26.2012 | Business

By David Cay Johnston NEW YORK, April 26 (Reuters) - Each year the Internal Revenue Service receives tax returns that show more income...

Tax Cheats: Here's When You Can Relax

Wall Street Journal | Laura Saunders | Posted 06.20.2012 | Money

Is a tax sin haunting you? Maybe you paid a baby sitter under the table, or "forgot" to declare income, or deducted personal expenses as business c...

Top 10 Federal Tax Charts

Chuck Marr | Posted 06.18.2012 | Politics
Chuck Marr

2012-04-18-imagepull2.jpgWe've collected our top ten charts related to federal taxes. Together, they provide useful context for the coming debates about how to reduce soaring budget deficits and reform the tax code.

More Than a Date: The Connection Between Tax Day and Equal Pay Day

Kristin Maschka | Posted 06.16.2012 | Women
Kristin Maschka

Equal Pay Day and Tax Day both fall on April 17 this year due to a simple calendar coincidence. But the connection between the two and the financial i...

When the Vows Break: Divorce and Taxes

Steve Lake | Posted 06.13.2012 | Divorce
Steve Lake

Tax Day is upon us. For divorce lawyers like me, it's the time of year when folks going through a divorce often struggle with the same question: What do we do about our income tax returns?

Haven't Filed Your Taxes? This Will Get You Into The Mood

Posted 04.11.2012 | Money

Tax Day is less than a week away, which means if you still haven't filed your income tax forms, it's crunch time! But don't sweat. We've created this ...

What If You Can't Pay Your Taxes?

Reuters | Posted 06.10.2012 | Money

By Amy Feldman NEW YORK, April 10 (Reuters) - It's one of the worst tax time scenarios: You discover while doing your taxes - or you ...

WATCH: Donald Duck Tells You To Pay Income Tax

Posted 03.22.2012 | Money

At a time when politicians are fighting over the mere suggestion that Americans might have to pay higher taxes, it's pretty fun to watch Donald Duck s...

Tax Strategies in a Tough Economy

Jason Alderman | Posted 04.30.2012 | Money
Jason Alderman

Even though April 17 is a ways off, it's never too soon to start planning your strategy. Here's a roundup of common economic challenges you may be facing and their possible tax implications.

The Buffett Rule or the Lincome Tax?

David Miller | Posted 04.30.2012 | Money
David Miller

Here's a quick guide on how to avoid the Buffett rule if you're a large shareholder in a public company or have some extra cash to invest. But, unfortunately, these strategies won't help much if you're Jeremy Lin.

Credit for a Mini Fire Engine

Jorge-Mario Cabrera | Posted 04.04.2012 | Los Angeles
Jorge-Mario Cabrera

Congress moving forward with a proposal to restrict the Child Tax Credit refund to taxpayers who have a SSN will have the most devastating impact on children.

More Than Half Of Americans Say Tax Capital Gains Like Work: Survey

The Huffington Post | Jillian Berman | Posted 01.31.2012 | Business

Most Americans agree: The U.S. should alter the rules that allowed Mitt Romney to pay taxes at a lower rate than someone in the middle class. Sligh...

David Cay Johnston: A Corporate Tax Code For A Different Century

Reuters | Posted 03.15.2012 | Business

(Repeating for wider distribution.) NEW YORK, Jan 13 (David Cay Johnston, Reuters) - Big business is lobbying for a major cut in the corpora...

Is It Time To Drop Income Taxes?

Reuters | David Cay Johnston | Posted 03.08.2012 | Business

(The author is a Reuters columnist. The opinions expressed are his own.) By David Cay Johnston Jan 6 (Reuters) - This i...

IRS Audits Of Millionaires Jump By Roughly A Third

The Huffington Post | Alexander Eichler | Posted 01.05.2012 | Business

What do the Occupy movement and IRS have in common? They're both taking an interest in the one percent. Tax audits for millionaires jumped in fisca...

The Hypocritical Oath?

Eric Schoenberg | Posted 01.09.2012 | Politics
Eric Schoenberg

I feel no need to apologize for only paying what I owe in taxes -- I'm a human, not a saint. Why should I let rich conservatives free ride on my contributions? Are they willing to forgo the benefits of public goods like national defense?

The Occupiers' Responsive Chord

Robert Reich | Posted 12.31.2011 | Politics
Robert Reich

The old view was anyone could make it in America with enough guts and gumption. As Herman Cain still says "if you don't have a job and you're not rich, blame yourself." But Cain's line isn't hitting a responsive chord.

GRAPHIC: How Much Big Corporations Pay In Taxes

The Huffington Post | Posted 12.26.2011 | Business

Earlier this year, General Electric came under intense scrutiny after a New York Times piece alleged the corporation, whose CEO heads Obama's jobs cou...

The World's Richest Man Attacks Wall Street Bailouts

Posted 12.25.2011 | Business

By Robert Frank of the Wall Street Journal The Wall Street bailouts have been a chief target of criticism by the Occupy Wall Streeters. Now anot...