Taxes Blog

Tuesday, September 18, 2012 3:58 pm
By Kay Bell · Bankrate.com

Lower top income tax rates don’t necessarily lead to greater economic growth. In other words, there is no magic low-tax-rate bullet for the economy.

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Friday, September 14, 2012 11:00 am
By Kay Bell · Bankrate.com

Because Sept. 15 is on Saturday this year, you get two extra days to send in your 1040-ES for the third quarter of 2012 earnings.

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Tuesday, September 11, 2012 4:45 pm
By Kay Bell · Bankrate.com

A court says severance pay isn’t subject to FICA taxes. That’s good news for laid off workers, but the final decision will probably come from the Supreme Court.

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Thursday, September 6, 2012 1:49 pm
By Kay Bell · Bankrate.com

Several states offer tax deductions or tax credits to organ donors, but it doesn’t seem to have had much effect in increasing the donor pool.

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Tuesday, September 4, 2012 3:55 pm
By Kay Bell · Bankrate.com

The just-passed long Labor Day holiday got me thinking about work expenses and those extra amounts that you might be able to claim on your tax return. This is a nice tax break if you find you spend a large amount on qualifying items. Business expenses that could be of tax benefit include, befitting the

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Thursday, August 30, 2012 5:43 pm
By Kay Bell · Bankrate.com

An online warning of an impending home-sale tax is only partially true and mostly misleading. Most homeowners won’t owe this 3.8 percent health care related levy.

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Tuesday, August 28, 2012 4:44 pm
By Kay Bell · Bankrate.com

Twenty-five of the highest-paid U.S. chief executives last year pocketed more in pay than their companies paid in federal income taxes.

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Thursday, August 23, 2012 4:02 pm
By Kay Bell · Bankrate.com

The presumed Republican presidential candidate will provide specifics of his tax plan, but not until after he’s elected.

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Tuesday, August 21, 2012 4:17 pm
By Kay Bell · Bankrate.com

Yep, everyone says they want tax change unless that change affects them.

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Tags: rich, tax, Taxes, wealthy
Thursday, August 16, 2012 6:12 pm
By Kay Bell · Bankrate.com

The IRS has a new online data retrieval tool that transfers required tax data for the Free Application for Federal Student Aid.

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