New Obama offer moves toward Boehner
WASHINGTON — President Barack Obama has agreed to curtail future cost-of-living increases for recipients of Social Security and softened his demand for higher taxes at upper income levels as part of...
View ArticleDon't be fooled by January pay - higher taxes loom
WASHINGTON — Workers probably won’t feel the full brunt of next year’s tax increases in their January paychecks, but don’t be fooled by the temporary reprieve.No matter what Congress does to address...
View ArticleOther Views: Fiscal cliff debate illustrates cost of policies
Fiscal cliff debate illustrates cost of policies If nothing else, the debate over the “fiscal cliff” has dramatically illustrated the true cost of President Barack Obama’s fiscal policies. If the...
View ArticleLast-minute fiscal cliff talks in Senate
WASHINGTON — Senate leaders groped for a last-minute compromise Saturday to avoid middle-class tax increases and possibly prevent deep spending cuts at the dawn of the new year as President Barack...
View ArticleDetails of Senate bill averting 'fiscal cliff': Extends cuts on income tax,...
Highlights of a bill Congress passed Tuesday aimed at averting wide tax increases and budget cuts scheduled to take effect with the new year. The measure would raise taxes by about $600 billion over 10...
View ArticleTaxes rising for most people despite fiscal deal
WASHINGTON — While the tax package Congress passed New Year’s Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in...
View ArticleU.S. tax code longer than Bible - without good news
Associated PressWASHINGTON — Too intimidated to fill out your tax return without help? Join the club.At nearly 4 million words, the U.S. tax law is so thick and complicated that businesses and...
View ArticleLetter: Tax code is too complicated
Having been associated with these subjects for more than 60 years, I speak from experience. The federal income tax code is so complicated it takes a “Philadelphia lawyer” to even come close to...
View ArticleU.S. tax code longer than the Bible - without good news
WASHINGTON — Too intimidated to fill out your tax return without help? Join the club.At nearly 4 million words, the U.S. tax law is so thick and complicated that businesses and individuals spend more...
View ArticleMost state lawmakers won't disclose tax returns
AUSTIN — When a Texas Tribune reporter asked state Rep. Joe Pickettto voluntarily provide his last three tax returns as part of a legislative transparency project, the El Paso Democrat was frank. “It’s...
View ArticleCharities: New law may hurt donations
WASHINGTON — Charities and nonprofit organizations are worried that new limits on tax deductions for high earners will hurt donations just as charitable giving is starting to rebound from the depths of...
View ArticleExpiring credits, deductions extended by Congress
WASHINGTON — Taxpayers preparing to file their 2012 returns can breathe a collective sigh of relief.The alternative minimum tax or AMT has been patched — permanently — and several tax credits and...
View ArticleTax overview: Expiring tax credits, deductions extended by Congress
WASHINGTON — Taxpayers preparing to file their 2012 returns can breathe a collective sigh of relief.The alternative minimum tax or AMT has been patched — permanently — and several tax credits and...
View ArticleOther Views: The state tax reformers
The state tax reformers Washington may be a tax reform wasteland, but out in the states the action is hot and heavy. Nine states — including such fast-growing places as Florida, Tennessee and Texas —...
View ArticleTax proposal could help small business, economy
NEW YORK — A notable piece of small-business news on Capitol Hill this year isn’t about a bill — it’s about a tax proposal that could lift some of the uncertainty owners have been complaining...
View ArticlePowell: Tax Freedom Day brings perspective to taxes
Wednesday, April 10, is “Tax Freedom Day” in Texas, which means Texans start earning money for themselves rather than for the government. On average, every Texan will have worked from Jan. 1 to April 9...
View ArticleCritics revive past promises on Social Security to knock president's budget plan
WASHINGTON — Advocates for seniors say President Barack Obama is breaking his promise to protect Social Security, while conservatives say he is breaking his promise not to raise taxes on the middle...
View ArticleAP Exclusive: Likely tax cheats flock South, West
WASHINGTON (AP) — Worried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles.You might also be...
View ArticleProcrastinators' tax deadline not much of a deadline for most
WASHINGTON (AP) — Here’s a little secret for all you procrastinators on Tax Day: The Internal Revenue Service doesn’t like to talk about it, but as long as you don’t owe any additional taxes, there is...
View ArticleGov. Rick Perry calls for $1.6B in business tax cuts
With less than two months remaining in the 83rd legislative session, Gov. Rick Perry on Monday called on state lawmakers to find $1.6 billion to give Texas businesses relief from the state’s franchise...
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