Tax ritual underscores need for reform
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A last minute scramble by U.S. lawmakers to prevent millions of unsuspecting middle income families from being hit with a tax for the very rich shows just how broken the U.S. tax code has become.
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With underfunded pensions threatening to become the U.S. taxpayer's next multibillion-dollar headache, lawmakers are working on a long-term fix for struggling traditional retirement plans.
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Budget cuts and old habits may interfere with good intentions.
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Unless Congress acts soon to prevent a special "millionaires" tax from hitting middle-income families, as many as 50 million taxpayers, or 37 percent of the total, will face an unexpected tax increase, a delay in receiving refunds or a delay in having their tax return processed.
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By now, most people have at least heard of the AMT, but those who still think of it as what it was intended to be -- a special tax to make sure rich people pay at least something to the government -- are badly out of date.
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There are things you can do now to reduce your impending tax bill.
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Where there&#39;s a will there&#39;s a way, the old saying goes, but when it comes to ducking taxes it&#39;s more like, where there&#39;s a way someone will.
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Beginning in the 2007 tax year, taxpayers must provide bank records or other information when claiming deductions for charitable donations of money, the Internal Revenue Service said in newly released guidelines.
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Political conservatives have their best opportunity in years to push successfully for changes to taxes, entitlements and the courts &#151; but they face a special set of obstacles.
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By The Baltimore Sun  Sep. 19--Balancing environmental and economic interests is seldom easy. But the possible effect of Maryland's so-called flush tax to worsen poorly managed growth demonstrates how complex this effort can become.
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A strategy executives use to turn their stockholdings into cash while delaying payment of taxes is coming under increased scrutiny by the Internal Revenue Service.
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Here's a new approach to tax season: Slow down.
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The looming political battle over  how to reform the tangled U.S. income tax code could get ugly.  But one option, a tax aimed at boosting savings, holds promise.
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After years of protest and pressure, the Association of Community Organizations for Reform Now has gotten two of the nation's largest tax preparers to promise to improve how they promote, sell and disclose the terms of refund loans.
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A tax rebate is at the center of a plan to stimulate a flagging economy.
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Business & money: Â· Brown pressed to reform private equity concessionsÂ· Campaigners seize on tax admission
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TOMORROW, a House-Senate conference committee will try to iron out a compromise version of a complex overhaul of corporate taxation.