President Obama has proposed a tax on banks that would be used to cover the government's losses from the bank bailout. But the tax would also be intended to head off a future financial crisis. Nancy Marshall Genzer explains.
Soon "unenrolled" tax preparers will be subject to higher standards. Rico Gagliano reports on the federal guidelines rolling out in the next two to three years, which are intended to help keep taxpayers safe.
The IRS says it will require registration and certain testing standards for tax preparers after a report showed many of them to be negligent of tax law. Bill Radke talks with Los Angeles Times business columnist David Lazarus.