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-resolution scams are on the rise as unethical companies peddling tax-relief services prey on people who owe back taxes. Here's what you need to know before you sign up for any tax-resolution services. Even better, here's why you should avoid most such firms.
Speaking in Cleveland, President Obama laid out the details of his plan to boost the economic recovery: $50 billion for infrastructure spending; a $100 billion R&D tax credit; and $200 billion to induce U.S. companies to make capital improvements now rather than later.