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Tax Credits

My Vote Is Not for Sale

Lisa Longo | Posted 04.15.2014 | Politics
Lisa Longo

It is time to level the playing field. The oil and gas industry has received tax subsidies for decades. Taxpayers "gift" the industry billions every year, why? Why does an industry that makes trillions need billion in tax welfare?

Why Aren't More People Buying Green Cars?

Brian Moody | Posted 04.11.2014 | Business
Brian Moody

Tax credits, low emissions and super high mpg are all worthy goals, but in the end, it's all about the price. Lower the price and sell more cars -- in this case, it's just that simple.

Ryan Report Largely Ignores Anti-Poverty Programs' Long-Term Successes

Arloc Sherman | Posted 03.28.2014 | Politics
Arloc Sherman

The Ryan report grimly concludes that federal programs are "failing to address" poverty. Poverty certainly remains too high. But the report seems determined not to recognize the long-term successes of existing programs even when the evidence is in plain sight.

'House Of Cards' Gets A Taste Of Its Own Medicine

The Huffington Post | Luke Johnson | Posted 03.28.2014 | Politics

Frank Underwood, the legislative mastermind of "House Of Cards" who always seems to get his way, might have admired the actions of the Maryland House ...

How Tech Startups Can Claim Research and Development Tax Credits

Deborah Sweeney | Posted 03.13.2014 | Business
Deborah Sweeney

The credit is over 30 years old, but has never been made permanent and, over its many renewals, new rules and regulations have been tacked on.

Republicans Want to Replace Obamacare With...Obamacare-Lite?

Anthony W. Orlando | Posted 03.08.2014 | Politics
Anthony W. Orlando

Astonishingly, the Republicans have simply taken the provisions of Obamacare and made them temporary -- and called it "reform"! We'll give you fair prices, but only for a little while. We'll require you to sign up for insurance, but only until you back out.

A Valuable Tax Credit Too Many Workers Don't Know About

Jim Gibbons | Posted 04.01.2014 | Impact
Jim Gibbons

Imagine if you qualified for a valuable tax credit but weren't even aware of it. Unfortunately, this is the case for far too many Americans when it co...

Cybersecurity Industry Interview With Xerox's Chuck Brooks

Brian E. Finch | Posted 01.21.2014 | Technology
Brian E. Finch

"The cyber threat reaches far beyond Al Qaeda, and includes various criminal enterprises and adversarial nation states. As the sophistication of the threats grows, we must be able to continually counteract them."

Republican Obamacare 'Fix' Is Junk, Just Like the Junk Insurance Plans It Protects

Ethan Rome | Posted 01.23.2014 | Politics
Ethan Rome

In an effort to cynically score political points, the Republicans have taken up the cause of people who have received health insurance "cancellation" notices. The problem is that the Republicans aren't helping these people, they are exploiting them.

Updates From My Inbox: New State and Local Work-Life Laws

Marcy Karin | Posted 11.06.2013 | Women
Marcy Karin

Here's hoping the government at all levels -- federal, state, and local -- continues to address the mismatch of the way American workplaces are structured and the needs of American workers.

Veterans Day: A Look at Military Tax Benefits

Mark Steber | Posted 01.23.2014 | Money
Mark Steber

There is no more noble a contribution to society than participation in the service of the defense, perpetuation and safety of this country. The tax benefits that are in the law are yours and you have earned them. It is the least the country can do to thank you for your service.

National Breast Cancer Awareness Month: Tax Deductions

Mark Steber | Posted 01.23.2014 | Business
Mark Steber

October is a time we give additional visibility to the disease and those affected by it. But, what does any of this have to do with taxes? This is, after all my tax blog. So, let me tell you.

Heritage Foundation's Health Care Report Is Another Big Lie

Ethan Rome | Posted 12.21.2013 | Politics
Ethan Rome

America's leading conservative think tank has issued a report on health care premiums under the Affordable Care Act (ACA) and it bears a strong resemblance to the immigration study -- it's garbage.

What You Need to Know About Education Tax Credit Considerations

Mark Steber | Posted 01.23.2014 | Business
Mark Steber

Are you taking a personal finance course or courses to learn how to better manage your portfolio or retirement planning? If so, you may be sitting on some very valuable tax credits.

6 Tips to Cut Your Income Taxes After a Windfall

Robert Pagliarini | Posted 11.05.2013 | Business
Robert Pagliarini

The money you get when coming into sudden wealth, whether through a lawsuit settlement, business sale, entertainment or sports contract, or stock options, can disappear in a hurry if you don't manage federal and state income taxes correctly.

Tax Credits for Hiring Military Veterans

Mark Steber | Posted 10.15.2013 | Business
Mark Steber

An often overlooked employer benefit is  a tax return credit available to businesses who hire qualified vets before December 31, 2013.

Threatening to 'Reform' the Earned Income Tax Credit

Jared Bernstein | Posted 10.07.2013 | Politics
Jared Bernstein

The more I hang around the DC tax debate, the more I'm exposed to deeply misguided thinking that seems largely motivated by the conviction that poor people -- in this case, the working poor -- have too much money and the wealthy have too little.

3 Uncommon Tax Credits & Deductions for Big Savings

SaveUp | Posted 10.07.2013 | Business
SaveUp

It's summertime, and taxes might not be foremost on your mind. However, there are some uncommon tax credits and deductions that can help families save. Did you know the price of summer camp is a potential tax credit?

Preparing Yourself for the Financial Effects of Severe Weather

Mark Steber | Posted 09.30.2013 | Business
Mark Steber

These tax rules may not make you whole again and certainly cannot replace precious sentimental items or life lost, but they can lighten your taxes and may even put more money in your pocket -- when you need it most.

Adopting a Child Can Bring You Countless Rewards -- and Tax Benefits

Mark Steber | Posted 09.23.2013 | Business
Mark Steber

The adoption process is complicated but once completed is very rewarding. The tax rules can be viewed the same: very complicated but at the end of the day with tax credits and possibly employer assistance, can be very financially rewarding.

Strip Club Approved For Questionable Cause

Frying Pan News | Gary Cohn | Posted 05.28.2013 | Politics

The following story was reported by Frying Pan News as part of its California Exposé investigative series, and published here in collaboration with...

Tax Credit to Benefit Hungry Kentuckians

Tamara Sandberg | Posted 07.10.2013 | Impact
Tamara Sandberg

The enactment of this tax credit bill is a win for farmers who donate to food banks, it's a win for our neighbors who struggle to put food on the table, and it's a win for the Commonwealth in terms of reduced long-term costs associated with a healthy, well-fed population.

What to Do If You Made a Mistake or Forgot a Deduction On Your Tax Return

Mark Steber | Posted 06.26.2013 | Business
Mark Steber

Amending a tax return can be very complex. There are many considerations, from determining what is incorrect and what the correct information should be, to knowing what forms to attach, to making sure the state return is amended correctly and timely.

New Premium Tax Credits: A Health Care Game Changer

Ron Pollack | Posted 06.22.2013 | Politics
Ron Pollack

Come January 2014, comprehensive, affordable health coverage will finally become a reality for millions of Americans, and the tax-credit subsidies will be a health care game changer. States must work to inform their residents of this opportunity for assistance.

Tax Tips for Self-Employed Professionals, Freelancers and Contractors

Mark Steber | Posted 06.22.2013 | Small Business
Mark Steber

While April 15 is commonly accepted at "tax day," for many taxpayers and especially small business owners, freelancers and self-employed professionals, there are other important "tax days" to keep in mind.