House Republicans on Thursday caved to demands by President Barack Obama, congressional Democrats and fellow Republicans for a short-term renewal of payroll tax cuts for all workers.
Business owners still have a week to take advantage of several deductions or credits to reduce taxes this year.
If Congress fails to extend the payroll tax cut, many Americans will be forced to pay an extra $1,000 or more in the coming year.
The tax plan by GOP presidential hopeful Newt Gingrich would provide big tax breaks to the rich and blow a huge hole in the federal budget deficit, according to an independent study released Monday.
House Republicans unveiled a bill Friday renewing the Social Security payroll tax cut and extending but trimming unemployment benefits.
The competition for your tax business is heating up. H&R Block and TurboTax will both offer live online professional help in the coming tax season, aiming to draw customers nervous about making mistakes or missing out on refund money.
Christmas Tree farms fend off a right-wing artificial threat and pine for a profitable season.
Why wait until Jan. 1 to start making positive changes? Here are eight “resolutions” you can complete in the next month.
House GOP leaders struggled Friday with divisions within their party over whether to extend a payroll tax cut, a day after the Senate stalled in its efforts to keep the tax holiday going another year.