Taxes

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Tax loopholes for corporations abound

Aug 12, 2008
A study out this morning from the Government Accountability Office looks at corporations and taxes, and which companies avoid paying them. Alisa Roth looks into how some corporations find tax loopholes.
Posted In: Taxes

Gifts

Aug 6, 2008
Question: My parents are really excited for my wife and I to buy a house, as is my grandmother. So much so that between them they'd like to give us...
Posted In: Taxes

Summer School: Credits & deductions

Aug 1, 2008
We're taking you back to the basics with our summer refresher course on finance terms. Today, the difference between a tax credit and a tax deduction and what it means for you come tax time.
Posted In: Taxes

Reduced driving threatens highway fund

Jul 28, 2008
Americans drove 9 billion fewer miles in May this year over last year. As drivers cut back, the income from gas taxes which fund highway repairs and maintenance is dropping, too. Amy Scott reports.
Posted In: Taxes

Gas-tax hike is no holiday for Congress

Jul 21, 2008
With Americans reeling from skyrocketing gas prices, the last thing Congress wants to do is raise the gas tax. But as Jeremy Hobson reports, lawmakers are facing that very unpopular decision.
Posted In: Oil, Taxes

When churches cross the tax line

Jun 27, 2008
Churches usually don't have to pay property taxes, because the IRS considers them nonprofit causes. But when congregations meet in places that offer other services, the lines can be blurry. Ashley Milne-Tyte reports.
Posted In: Taxes

Smokers fume over NY cigarette tax

Jun 3, 2008
New York's cigarette tax moved up to $2.75 per pack today, a move officials hope will drive as many as 140,000 smokers to quit. Jill Barshay gets some smokers' reactions.
Posted In: Health, Taxes

With taxes, you can't win for losing

May 15, 2008
If you gamble, your winnings are taxable and your losses are deductible. But commentator and tax attorney Conrad Teitell says good luck trying to get Uncle Sam to accept those deductions.
Posted In: Taxes

What will Americans do with rebates?

May 8, 2008
Tax-rebate checks go out Friday as part of the $150 billion economic stimulus effort. And retailers are eager for a cut of your cash. We went looking for some of the more unusual ways people are planning to spend their rebates. Kai Ryssdal reports.
Posted In: Economy, Taxes

Taxing online retail sales is only fair

May 5, 2008
New York state is requiring online retailers to charge sales tax if they have marketing agreements with businesses in the state. It's prompted an Amazon lawsuit. But commentator Michael Mazerov says Internet retailers should play by the same rules as the shop on the corner.
Posted In: Taxes

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