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Tax

6 Things to do to Reduce Chances of a Tax Audit

John Rampton | Posted 01.04.2017 | Business
John Rampton

For some people, the words "tax audit" can instill fear, if not downright panic. It's understandable. After all, we have all seen headlines where peo...

Lost In The Fifties, Middle America Needs STEM Education & Infrastructure

Paula Golden | Posted 12.23.2016 | Education
Paula Golden

At a post-mortem forum on the 2016 U.S. election, Mexico's former president Vicente Fox had choice words for those who elected Donald Trump. Yearning ...

Did Donald Trump Cheat On His Social Security And Medicare Taxes?

Nancy Altman | Posted 10.08.2016 | Politics
Nancy Altman

The only way to know for sure is to see his federal income tax returns. But there is indeed evidence already in the public domain that suggests that, on top of being a racist, a misogynist, and a xenophobe, Donald Trump is a tax cheat.

House GOP's 'Better Way' Tax Plan A Much Better Way For Richest 1 Percent

The Huffington Post | Matt Fuller | Posted 12.19.2016 | Politics

WASHINGTON ― The House GOP’s tax plan would overwhelmingly benefit the richest 1 percent and reduce federal revenue by $3.1 trillion over the next...

Trump's Hidden Tax Agenda: A Consumption Tax

Anne Alstott | Posted 08.16.2016 | Politics
Anne Alstott

The tax law is infamous for its technicalities. Terms like “depreciation” glaze eyes faster than “subatomic particles” or “covalent bonds....

Let's Get The Economy Moving Again With Uniform And Understandable Tax Cuts

Arthur B. Laffer | Posted 08.16.2016 | Politics
Arthur B. Laffer

Instead of punitive taxes on politically targeted companies, America needs uniform, unbiased and understandable principles for defining the corporate tax base. Moreover, we need to make the tax code internationally competitive, with lower marginal tax rates.

IRS Wishes Baby Boomers A Happy 70 ½ Birthday!

Mark Steber | Posted 07.28.2016 | Business
Mark Steber

Happy 70½ Baby Boomers! It might surprise you to learn that in most cases you MUST start taking money from your traditional IRA, 401(k), and other r...

Taxing Marijuana to Fight Homelessness

Hilda L. Solis | Posted 07.22.2016 | Los Angeles
Hilda L. Solis

As the richest society on earth, we cannot tolerate almost 50,000 men, women, and children living on our streets. We can do better than this, and we must.

It's Tax Not Trade (Stupid)

Edward J McCaffery | Posted 07.18.2016 | Politics
Edward J McCaffery

With the major party conventions upon us, the Summer of 2016 continues to be one of serious discontent. Middle-class workers worldwide are mad as hell. Pandering populist politicians like Boris Johnson in England and Donald Trump here at home stoke the fires of rage, doing what people in times of peril have done for millennia: blame foreigners.

Choosing the Right Project for Your Home Renovation

Nathaniel Sillin | Posted 07.06.2016 | Business
Nathaniel Sillin

Before the national housing collapse of 2007, home renovation decisions seemed far simpler and much more profitable for homeowners than you see with t...

Does It Make Sense to Pay Off Your Mortgage?

Carrie Schwab-Pomerantz, CFP | Posted 06.06.2016 | Business
Carrie Schwab-Pomerantz, CFP

Dear Carrie, I'm 65 and about to retire and I still have a mortgage balance of $100,000 at 4 percent. My investment portfolio and retirement savings ...

Everything You Need to Know About Child Tax Credits

SmartAsset.com | Posted 05.25.2016 | Parents
SmartAsset.com

Depending on your income, you may be eligible for a child tax credit of up to $1,000 per child. Remember that unlike a tax deduction, a tax credit is ...

Amazon Could Be Hit By $448 Million In Back Taxes By EU

Reuters | Paul Vale | Posted 05.19.2016 | Business

BRUSSELS - EU state aid regulators aim to rule on Amazon's (AMZN.O) tax deal with Luxembourg by July, two people familiar with the matter said on Thur...

Who Absolves the Priests? The Panama Papers, Transparency, and Confession

Devin Singh | Posted 05.06.2016 | Politics
Devin Singh

In the aftermath of the Panama Papers leak, a global outcry for transparency and confession has arisen. Calls for more oversight and regulation abound. The public wants those implicated to come clean, step into the light, and confess their financial deeds done in the dark.

47 Tax Day 2016 Deals, Discounts and Freebies

GOBankingRates | Posted 04.18.2016 | Business
GOBankingRates

By Michelle Smith, Contributor This year, most of us get three extra days to file our federal income tax. Since Emancipation Day falls on April 15, T...

34 Tax Day 2016 Deals, Discounts and Freebies

GOBankingRates | Posted 04.18.2016 | Business
GOBankingRates

By Michelle Smith, Contributor This year, most of us get three extra days to file our federal income tax. Since Emancipation Day falls on April 15, T...

12 Bizarre Taxes You Didn't Know You Were Paying by State

Lisa Greene-Lewis, CPA | Posted 04.08.2016 | Business
Lisa Greene-Lewis, CPA

Ask anybody about taxes and be ready to set aside your afternoon for a spirited debate, especially during an election year. Some think we are taxed to...

Calming Your Tax Filing Anxieties

Jonathan Alpert | Posted 04.08.2016 | Healthy Living
Jonathan Alpert

Death and taxes are two of the few certainties in life -- and also two of the most worrisome. I've known people to literally become physically sick at...

10 Famous Celebrities Who Have Major Debt

GOBankingRates | Posted 06.08.2016 | Entertainment
GOBankingRates

By Andrew DePietro, Contributor The entertainment world and the public in general received some astonishing news on Feb. 13, when Kanye West revealed...

How Much Money Will You Have in Your Pocket Under Each Candidate?

Mark Paul | Posted 04.06.2016 | Politics
Mark Paul

The Vox calculator is not necessarily wrong in terms of taxes, but it's misleading.

From Panama Papers to Brazilian Bribes: Why Corruption Is So Costly

The Conversation US | Posted 04.06.2016 | Business
The Conversation US

Corruption is highlighted by the media because the amounts being exchanged are often huge. The real reason corruption should be headline news is that it steals a bit of economic prosperity from every person each time it occurs.

How The 2016 Budget Will Impact UK's Insurance Industry

Toby Nwazor | Posted 04.04.2016 | Impact
Toby Nwazor

Credit UK's recent budget has seen an increase in insurance premium tax (IPT) by 0.5%, taking the current rate to 10% in order to raise over £700 mi...

Understanding the Trump and Sanders Economies

Peter Van Buren | Posted 03.30.2016 | Politics
Peter Van Buren

The myth of the American Dream is the dominating factor in keeping people complacent in the United States. You know it -- work hard, and your life will improve. Well, maybe not your life, but your kids', or at least your grandkids'. If that doesn't work, it is the fault of immigrants, or the darn Chinese, or those welfare freeloaders.

13 Worst Things to Do With Your Tax Refund

GOBankingRates | Posted 02.29.2016 | Business
GOBankingRates

By Caroline Banton, Contributor People typically don't want to pay more taxes than they need to, but a tax refund implies just that. Withholding more...

4 Things Same-Sex Married Couples Should Know if It's Their First Tax Season Together

Lisa Greene-Lewis, CPA | Posted 02.12.2017 | HuffPost Home
Lisa Greene-Lewis, CPA

The U.S. Supreme Court made history on June 26, 2015, when it ruled in favor of marriage equality for all 50 states, overturning previous same-sex ban...