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Tax News

Taxes are things we don't particularly like to deal with, but staying ahead of the game can save you a bundle. We created this tax news section to make it easy for you.

The Internal Revenue Code, better known as the tax code, is a monstrous piece of work. Making it even more confusing are the rules and regulations that interpret it. Small changes to it made by Congress, the courts and IRS can have profound impacts on how much you pay. To really save money, you need to be proactive and do tax planning throughout the year, not at the last moment when your return is due. With this in mind, let's get to the latest tax news. The following links are chronological with the most recent developments first.

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IRS Issues 2012 Mileage Deduction Rates
Debt Ceiling Deal Does Nothing...or Does It?
The Simplified Tax Code Idea
Question Your Tax Preparer
Republicans Run From Long Term Debt Solutions
Republicans Begin To Cave On No New Taxes Pledge
California Has No Budget And Politicians Get No Paychecks
Taxed On The Personal Miles You Drive
The Highest Tax Rates In The World
Tax Deductible Charitable Donations To Be Capped Or Eliminated
Tax Increases On The Way – Prepare Yourself
How To File An Extension On Your Taxes
What If The Government Shuts Down During The Tax Deadline?
Why You Should Not Enjoy Your Tax Refund
Should You Prepare Your Own Taxes?
Income Tax Issues For The Unemployed In 2010
Odious 1099 Reporting Provisions Repealed By Senate
H&R Block Not Offering Tax Refund Loans
Illinois Raises Income Tax Rate 66 Percent
2010 1099-MISC Forms For Independent Contractors Due Soon
End Of The Year Tax Deal
Overall Tax Prediction For 2011
The New Tax Deal In Terms You Can Understand
The Odd Payroll Tax Reduction
Will The Mortgage Interest Deduction Be Cut?
Internet Tax Prediction For 2011
IRS Holding 164.4 Million Dollars In Unclaimed Tax Refunds
2010 Tax Alert!
Breaking News: ETPFS Tax Payment Email Scam
Lawyer Cannot Claim Deduction For Hookers And Porn Expenses
Democrats Going After U.S. Businesses Sending Jobs Overseas
The Coming 1099 Debacle In 2012
Tax Returns Due Soon For People Filing Extensions Last April
Ex-NFL Player Bill Romanowski In Hot Water With IRS
City Of Bell In California Vastly Overcharged Property Taxes
Chevy Volt Comes With $41,000 Price and $7,500 Tax Credit
Government Rethinking Obscene New 1099 Reporting Requirement
IRS Going After Entertainers and Athletes
IRS Employees Abuse First-Time Homebuyer Tax Credit
Reggie Bush Could Owe IRS Nice Chunk of Change
IRS To Partially Tax BP Compensation Payments to Victims
IRS Details Rules for Tanning Salon Sales Tax
IRS Targeting Independent Contractor Versus Employee Claims
How To Get Out Of Tax Debt
The Attack On The Mortgage Interest Deduction
Washington State Launches Sales Tax On Sin Products
Texas Governor Rick Perry Ready To Violate No New Taxes Pledge Already
California Passes First-Time Homebuyer Tax Credit
Arizona Votes For Sales Tax Increase
Medical Marijuana And Sales Tax Issues
Sales Tax Increase For Kansas Starting June 2010

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