federal income tax
They say good things come to those who wait. They also say he who hesitates is lost. But when it comes to half a dozen juicy tax breaks, it's the second "they" you should listen to, because he who waits until Jan. 1, 2012, to take advantage of them will be out of luck.
What 'Percent' Are You? The Numbers Behind the Tax Divide Debate
11:00AM 11/18/2011
Blue State vs. Red State is so last decade: Now, the dividing lines in America are percentages: 99%, 1%, 53%, 47% ... the list goes on. And figuring out who to sympathize with -- or even who you are -- can leave a person 100% confused. We break down the numbers.
Congressional leaders have been battling over the soon-to-expire Bush tax cuts for more than a year. Yet, there's still no word on whether Congress will vote to extend the cuts, allow the cuts to expire or work out some compromise package that might do a little of both.
At the center of the tax...
Income tax increases are in the air. Unless something unforeseen surfaces on the economic or political landscape, it looks like the Obama Administration and the Democratic Party-led Congress will move forward with a plan to increase the two top federal income tax brackets to 39.6 percent and 36...
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