Tax News

When George W. Bush was in office, he created two major tax cut bills in 2001 and in 2003.
Posted On: 11/15/2010
Estate planning can be a tedious process, especially for consumers who have significant assets, portfolios and properties to leave to heirs.
Posted On: 10/29/2010
Healthcare is becoming more expensive, and mounting medical debt remains the No. 1 cause of bankruptcy in the U.S. But health tax cuts can save families money on their medical bills each filing season, putting them in a better financial position. According to the results of a recent study, more than...
Posted On: 9/20/2010
Some homeowners struggling under the financial burden of their mortgage may consider a short sale to get out from under debt. This has a been a viable option for millions of Americans, but financial professionals urge consumers to understand the tax implications of this action.
Posted On: 7/23/2010
Financial experts frequently advise younger workers to open IRA accounts or to take advantage of employer-provided retirement programs as soon as possible so they can get a head start on their savings. For those who do follow such advice, there can be benefits at tax filing time as well as a more co...
Posted On: 4/1/2010
Millions of taxpayers are headed into the current filing season having spent at least part of last year collecting unemployment benefits.
Posted On: 3/23/2010
Taxpayers everywhere have heard commercials on radio and television urging them to donate their cars to charity in order to receive a deduction when filing season comes around.
Posted On: 2/1/2010
People who take certain steps to save money for future health costs may find that they can receive certain benefits at tax filing time.
Posted On: 1/27/2010
People who have a Roth IRA may want to pay close attention to government regulations retiring the popular retirement accounts as tax filing season approaches.
Posted On: 1/5/2010
The arrival of the new year saw a variety of different laws taking effect from state to state, touching on issues like smoking and texting while driving.
Posted On: 1/5/2010