Taxes

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Hybrid tax credits

Mar 24, 2009
Question: My car is on its last legs. Its engine is slowly dying. I know I am going to need to buy a new (which to me usually means used) car this...
Posted In: Taxes

Straight Story

Mar 20, 2009
The IRS recently announced that victims of the Madoff scandal can claim up to 95 percent of their losses on their taxes. Tess Vigeland and Chris Farrell discuss what implications this decision has on the tax code and on victims of future Ponzi schemes.
Posted In: Taxes

IRS helps tax filers on 'Super Saturday'

Mar 20, 2009
The IRS has set aside tomorrow to help ease tax filers' anxiety and answer questions. IRS employees have even undergone special training to insure "Super Saturday" is a success. Amanda Aronczyk reports.
Posted In: Taxes

What to do with a tax refund?

Mar 18, 2009
Question: We are getting a hefty tax return this year (and yes, I had our tax accountant double check it three times!)-- due to capital gains...
Posted In: Savings, Taxes

A loss on selling home

Mar 17, 2009
Question: Hello, I sold my house last year and lost 30K. Can I claim any capital loss on my tax returns? Rozario, Nashua, NH...
Posted In: Housing, Taxes

No representation without taxation

Mar 13, 2009
The earned-income tax credit is designed to give a break to low-income workers. But commentator Amity Shlaes says these days the poor may be paying too few taxes and the rich may have too big of a burden, which is not helping economic recovery.
Posted In: Taxes

I like doing my taxes

Mar 12, 2009
I hate going to the dentist and sitting in traffic and eating beef stroganoff, but I kinda like the challenge of figuring out my taxes. I'm...
Posted In: IRS, Taxes

Will tax preparers stay in high demand?

Mar 6, 2009
Almost 60 percent of Americans use a professional for their tax needs. But as people simplify their financial portfolios and the popularity of online tax preparation grows, will tax professionals still be in demand? Jeremy Hobson reports.
Posted In: Taxes

Tax credit and tax rebate

Mar 5, 2009
Question: We've heard about the $13 a paycheck 'tax credit'. What exactly is a 'tax credit' as opposed to the 'tax rebate'? Will we have to pay the...
Posted In: Taxes

Something's got to give to trim deficit

Feb 26, 2009
President Obama wants to trim the nation's debt by trillions of dollars. But he's also planning to spend trillions more. What has got to give to get those savings? Ronni Radbill reports.
Posted In: Taxes

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