Many people have questions about how to reconcile such a dramatic economic year as they put together their tax returns for 2008. Host Tess Vigeland asks tax expert Frank Degan to clear up some of the confusion.
Thanks to some good tax attorneys, The New York Times won't suffer too much from its $250 million deal with billionaire Carlos Slim. Scott Jagow asks Fortune Magazine's Allan Sloan how a loophole called Hydo helped.
California lawmakers are threatening to downgrade the state's overall credit rating, which would have a lot of ramifications for state taxpayers. Rico Gagliano also explains why even out-of-state taxpayers should care.
Many of us are looking for helpful tax hints to make up for a dismal year. Tess Vigeland talks to Wall Street Journal tax columnist Tom Herman, who gives us some tips on moves we may want to make to prepare for the next tax day.
You've got two weeks to get your finances in order, when it comes to what you'll be paying Uncle Sam in income taxes. Tess Vigeland talks with the Wall Street Journal's Tom Herman to get some helpful hints on reducing the tax bite.