income taxes

President Barack Obama has cut a deal with Republicans to extend Bush-era tax cuts for two years and unemployment benefits for 13 months. But the plan is already drawing fire from Obama's own liberal supporters.

The Internal Revenue Service is looking for about 112,000 people who are due a combined total of $164.6 million in tax refunds. The tax agency said the average refund check was about 28% larger than it was a year ago.

The U.S. government started the new fiscal year on the right foot, posting $140.4 billion deficit in October, the first month of the new fiscal year. That was substantially lower than the $148 billion deficit that had been forecast.

If you're one of the hundreds of thousands of taxpayers who wait until the last minute to file your taxes, make a note: The IRS has just announced that the due date for 2010 individual federal income tax returns will be Monday, April 18, 2011. Traditionally, Tax Day falls on April 15 unless that...

Investors received another sign Friday that the U.S. economy is continuing to heal: The 2010 U.S. budget deficit came in at a smaller-than-predicted $1.29 trillion. Though it was still the second-highest deficit on record, the numbers reflect growth in tax revenues, and thus in the economy.

Investors received another slice of good news Monday about the U.S. economy: The federal budget deficit for August totaled a smaller than expected $90.5 billion, thanks to rising government revenues due to higher tax receipts from stronger corporate profits.

No use complaining. It's coming, whether we like it or not: April 15th is on the way. But on the plus side, if you're thinking about your taxes already and not trying to make sense of everything on April 14, then you have some time to ponder what gifts Uncle Sam has come up with to make paying...

Now that we've rung in 2010, it's time to think about our fiscal health. And with tax season only four months away, the sooner you get started, the less panicked and stressed out you'll be. After all, isn't one of your New Year's resolutions to reduce stress in your life? Our experts tackle two...

New Jersey often plays second fiddle to neighboring New York, but a new survey of the 50 U.S. states shows the Garden State bested New York in having the least favorable tax climate for business. It's the second consecutive year New Jersey has finished dead last, according to the 2010 State...

George Harrison, the late, great member of The Beatles, had a stock but thought-provoking answer for a question journalists would ask him in nearly every city he visited after the group broke up in 1970. "George, what was life like growing up as a Beatle?" a member of the press would invariably...