Marketplace Morning Report for Tuesday, April 17, 2012
You have until midnight tonight to file your taxes with the IRS. And if you're thinking about deducting a phony business lunch or padding your mileage -- you're not alone. Speaking of the IRS, it wants to require U.S. banks to report the interest payments they make to wealthy foreigners. That's creating some trouble down on the Mexican border where banks are worried about losing customers. Yesterday, Argentina announced plans to take back its oil industry from a Spanish company. And the disease known as "citrus greening" that has ravaged orange and other crops in Florida for the past seven years has been spotted in California.
You have until midnight tonight to file your taxes with the IRS. And if you’re thinking about deducting a phony business lunch or padding your mileage — you’re not alone. Speaking of the IRS, it wants to require U.S. banks to report the interest payments they make to wealthy foreigners. That’s creating some trouble down on the Mexican border where banks are worried about losing customers. Yesterday, Argentina announced plans to take back its oil industry from a Spanish company. And the disease known as “citrus greening” that has ravaged orange and other crops in Florida for the past seven years has been spotted in California.