Tax Changes
IRS Rides 1884 'Dead Horse' Law to Defense of Tax Preparer Rules
By Patrick Temple-West WASHINGTON (Reuters) - The Obama administration on Tuesday defended its effort to regulate the tax return preparation business for the first time in U.S. history, basing its case largely on a 19th century law dealing with horses lost or killed in the Civil War. At an appellate court hearing on a challenge brought by libertarian lawyers challenging the administration, Justice Department Tax Division lawyer Gilbert Rothenberg said: "I hate to beat a dead horse, especially one from the Civil War era. ... More »
Reuters - Tue, Sep 24, 2013 5:16 PM EDTAmericans Turn In Passports as New Tax Law Hits
The number of Americans choosing to give up their citizenship has spiked dramatically this year as the government works to implement a new disclosure law aimed at stamping out tax evasion. More »
CNNMoney.com - Thu, Sep 5, 2013 10:03 PM EDTIRS Rule Leads Restaurants to Rethink Automatic Tips
An updated tax rule is causing restaurants to rethink the practice of adding automatic tips to the tabs of large parties. Starting in January, the Internal Revenue Service will begin classifying those ... More »
The Wall Street Journal - Wed, Sep 4, 2013 7:02 PM EDTMarried Same-Sex Couples Gain Equal Tax Benefits
Married same-sex couples gain equal tax benefits More »
CNNMoney.com - Thu, Aug 29, 2013 2:48 PM EDTSame-Sex Married Couples Will Get Federal Tax Breaks, No Matter Where They Live
The Internal Revenue Service today answered a hugely important question that has lingered since the Supreme Court's historic June 26 decision invalidating the key provision of the Defense of Marriage Act. ... More »
Forbes - Thu, Aug 29, 2013 11:12 AM EDTIRS High-Tech Tools Track Your Digital Footprints
The Internal Revenue Service is collecting a lot more than taxes this year--it's also acquiring a huge volume of personal information on taxpayers' digital activities, from eBay auctions to Facebook posts ... More »
US News - Fri, Apr 5, 2013 10:47 AM EDTTax bills for rich families approach 30-year high
The poor rich.With Washington gridlocked again over whether to raise their taxes, it turns out wealthy families already are paying some of their biggest federal tax bills in decades even as the rest of ... More »
Associated Press - Sun, Mar 3, 2013 12:56 PM ESTExpiring credits, deductions extended by Congress
Taxpayers preparing to file their 2012 returns can breathe a collective sigh of relief.The alternative minimum tax or AMT has been patched — permanently — and several tax credits and deductions that technically ... More »
Associated Press - Wed, Jan 23, 2013 12:21 PM ESTHere's The Only Fiscal Cliff Detail You Really Care About: How Much YOUR Taxes Will …
An average of $1,257 per person. More »
Business Insider - Wed, Jan 2, 2013 12:44 PM ESTWhat the "Fiscal Cliff" Bill Means to Taxpayers
Find out whose taxes are going up and what's being extended. More »
CBS MoneyWatch - Wed, Jan 2, 2013 12:08 PM EST2012 Year-End Tax Tips: 4 Benefit Changes
There's plenty of actions to take before year-end, starting with changes to tax law that are set to expire at the end of the year. More »
CBS MoneyWatch - Thu, Dec 13, 2012 2:34 PM EST9 Tax Measures Set to Fall Over the 'Fiscal Cliff'
On the edge of the "fiscal cliff," these expiring tax measures could hit many Americans. More »
Bankrate.com - Thu, Dec 13, 2012 12:10 PM EST