Tax
It's Official: Wealth Gap Has Turned America Into a Seething Pit of Class Resentment
11:55AM 1/13/2012
Do you think that the biggest conflict in America today is between the rich and the poor? If so, join the club: According to a recent Pew Research Center poll, 66% of Americans believe the wealth gap is the greatest cause of tension in this country.
Even if Buffett Tax Passes, Middle Class Could Still Get Hit
3:45PM 11/14/2011
Warren Buffett's tax proposal would put the bite on America's wealthy: Those who make $1 million or more would pay 30%, while those who make more than $10 million would pay 35%. But even if it passed, experts say balanced budgets will require sacrifices across the board.
What's the Fallout From Defaulting on a 401(k) Loan?
6:30AM 11/02/2011
Brian borrowed $5,000 from his 401(k), and now he can't make his $150 a month payments. DailyFinance's Laura Rowley looks at the fallout from failing to keep up, and what Brian should do.
IRS Gives 'Innocent Spouses' More Time to File for Tax Help
5:00PM 8/01/2011
When people play fast and loose with their taxes, they often leave their spouses -- and ex-spouses -- in the dark. Until now, those innocent wives and husbands had only two years to file for relief, even if they didn't know about the problem until it was too late. Now, the IRS is eliminating the deadline.
Tax Day is one of those days you probably find yourself thinking about for weeks on end. It's kind of like a reverse Christmas: You know it's coming because those of us in the media have been hyping it in the press for months. You mark it on your calendar and you take steps to get ready. And when...
Nobody likes spending money on Tax Day. For many Americans, writing that check to Uncle Sam is painful enough.
To make it more enjoyable, many national companies offer Tax Day freebies and discounts. Following is a list of breaks to make your Tax Day just a little better:
Seven Checks You Can Cash Free of Federal Income Tax
11:00AM 4/15/2011
Ronald Reagan once famously remarked that the government's take on the economy was, "If it moves, tax it." At tax time, it can feel as though that's true.
Realistically, though, not every dollar you receive is taxable (even though in some circumstances, it may still be reportable). Following are...
Male, single, age 45 and under.
Big spender.
Sounds like a dating ad from the classifieds, right? Not quite. That, according to a study by the advertising and marketing firm DDB Worldwide Communications Group, is the profile of the person most likely to cheat on a federal income tax return.
On Thursday, Senate Majority Leader Harry Reid announced that there will likely be a government shutdown effective Friday at midnight. In response to the deadline, the U.S. Office of Personnel Management has posted information on its website indicating that federal employees whose salaries are...
Last month, rapper Lil Wayne announced that he hoped to retire early in order to spend more time with his family. It seems, however, that Uncle Sam might have other plans. Lil Wayne, whose real name is Dwayne Michael Carter, Jr., may have to work a little longer in order to settle some unpaid tax...
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