iOS app Android app

Tax

Protecting Taxpayers from Abuse

Martha Bergmark | Posted 04.15.2014 | Impact
Martha Bergmark

Tax season is an annual American ritual. For many Americans, it brings the biggest influx of money all year, giving a much-needed boost to millions of families. Yet for Americans of all backgrounds, tax filing can be a stressful and confusing experience.

Rising Above the Partisan Fray, Most Organizations Call for IRS Rulemaking to Continue

Lisa Gilbert | Posted 04.10.2014 | Politics
Lisa Gilbert

Despite the obvious need for revised rules, the IRS rulemaking has unfortunately become a divisive partisan issue and the political punching bag du jour.

17 Things You Need To Explain To International Visitors About America

Thrillist | Posted 04.08.2014 | Travel
Thrillist

Sinnce we're not exactly the most gracious of guests when we visit their countries, it only seems fair that we explain the way things are done here in Amuuurica.

What's the Best Way to Give Back?

Paul Mashegoane | Posted 03.14.2014 | Impact
Paul Mashegoane

Today giving is a matter of status, a way to run away from excessive tax, to look good in public, and yes, a few genuine motives to make a positive im...

Mr. President: The Middle Class Deserves More Than Political Stunts

John Murray | Posted 03.10.2014 | Politics
John Murray

Sadly, the American middle-class has recently suffered some major setbacks in its attempt to regain economic stability. Still struggling in today's e...

Apparently Now a Tax Expert, ESPN's Kenny Mayne Helps Mustache-Clad Hipsters with IRS Challenges

Dr. Abraham Froman | Posted 03.04.2014 | Weird News
Dr. Abraham Froman

It goes without saying that one of the key drivers of the Mustached American experience in recent years has been the skinny jean and lower nose foliage-clad American hipster species. Now it's time to educate hipsters in non-ironic ways.

The IRS Is Hard to Reach But Help Is Available

Mark Steber | Posted 02.24.2014 | Business
Mark Steber

Did you know the final weeks of tax season is historically the busiest time for taxpayers trying to contact the IRS? Bad as it is now, it will only get worse each day closer to April 15th.

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...

Early Bird Tax Filers Get The Worm -- A Refund!

Lisa Greene-Lewis, CPA | Posted 03.26.2014 | Money
Lisa Greene-Lewis, CPA

Filing your taxes long before the April 15th deadline may not be your top priority, but here are five tips to get you closer to your tax refund.

Three Costly Divorce Settlement Mistakes and How to Avoid Them

Christian Denmon | Posted 03.23.2014 | Divorce
Christian Denmon

During divorce proceedings, the devil is truly in the details. One small oversight in a divorce settlement agreement can cost hundreds of thousands of dollars over the course of your lifetime. Here are three examples of small mistakes, based on real-life examples, in which one party has suffered devastating financial consequences.

Paying for Jobless Benefits But Not 'Tax Extenders' Has It Backwards

Chuck Marr | Posted 03.15.2014 | Politics
Chuck Marr

If policymakers are truly concerned about the debt, as they claim, then there is no excuse for offsetting the costs of sequestration relief, a UI extension, and relief for Medicare physicians but not offsetting the cost of continuing this grab-bag of tax breaks.

Bringing International Tax Rules Into the 21st Century

OECD | Posted 03.04.2014 | Business
OECD

It's a watershed moment for international tax policy. The debate over tax evasion by the wealthy and tax avoidance by multinational corporations has never before grabbed so many headlines or caused so much anger.

Calibrating 2014

Otaviano Canuto | Posted 03.04.2014 | World
Otaviano Canuto

The global economy looks poised to display better growth performance in 2014. Leading indicators are pointing upward -- or at least to stability -- in major growth poles. However, for this to translate into reality policymakers will need to be nimble enough to calibrate responses to idiosyncratic challenges.

In Search of Elusive Growth: Making the Most of R&D Tax Incentives

OECD | Posted 03.02.2014 | Business
OECD

Finding new sources of growth right now is tough. Innovation -- which fosters competitiveness, productivity, and job creation -- can help but with budgets stretched to the limit how can governments boost innovation in their economies?

France Cleared To Impose Unbelievably High Tax On The Rich

Reuters | Emile Picy and Natalie Huet | Posted 12.30.2013 | Business

* 75 pct tax for top earners will be levied on companies * Proposal infuriated business leaders and soccer clubs * Supertax to be capped at 5 pc...

How to Lower Your Property Taxes, and When Not to Try It

MyBankTracker | Posted 02.11.2014 | Money
MyBankTracker

As property values across the nation are on the rise, property taxes on a primary residence are unlikely to go down without a bit of effort and knowing where to look for savings.

Turn Charitable Giving Into Tax Savings This Holiday Season

Lisa Greene-Lewis, CPA | Posted 02.02.2014 | Money
Lisa Greene-Lewis, CPA

During the holidays, an estimated 75 percent of Americans plan to donate to charity but what many don't realize is that they can turn their generosity into tax savings by claiming a variety of donations on their tax returns.

IRS Collection Activity and Levies Can Be Avoided

Steve Rhode | Posted 01.23.2014 | Business
Steve Rhode

Bob never intended for it to get this far. When he filed his return in April, he thought, "I'll pay this off in a month or two." Somehow, like many ...

Colorado Taxes Pot

Jeff Danziger | Posted 01.12.2014 | Politics
Jeff Danziger

...

Colorado's Crazy Marijuana Tax

Pat Oglesby | Posted 11.07.2013 | Politics
Pat Oglesby

Basing a tax on a fictitious price means no one will ever know the correct tax. Taxpayers will spend time and money trying to beat the system, and government will spend time and money in self-defense.

Government must shut down corporate tax havens

Jaimie Woo | Posted 11.06.2013 | Politics
Jaimie Woo

Government shutdown? Check. Budget crises and partisan gridlock? Check. Most of America's biggest corporations avoiding their taxes, thereby contr...

IRS Delays Tax Filing Season Due To Shutdown

Reuters | Posted 10.23.2013 | Business

WASHINGTON, Oct 22 (Reuters) - The start of the 2014 tax filing season will be delayed by one to two weeks early next year as a result of the governme...

A Billion-dollar Opportunity for Developing Countries

Otaviano Canuto | Posted 01.23.2014 | World
Otaviano Canuto

The decision by Switzerland to share tax information, which still has to be ratified, is the latest addition to radically increased transparency of tax information over the last five years.

How Twitter Hides From U.S. Taxes In Ireland

Valleywag | Posted 12.18.2013 | Technology

If Twitter's transformation from "that micro-blogging service" to publicly traded advertising titan works out, it's going to have a painful tax bill. ...

In Search of Elusive Growth: Making the Most of R&D Tax Incentives

Andrew W. Wyckoff | Posted 12.10.2013 | World
Andrew W. Wyckoff

Finding new sources of growth right now is tough. And in a time of rising inequality, to do so equitably and fairly is even tougher. Innovation - whi...