Taxes Blog

Thursday, October 4, 2012 4:35 pm
By Kay Bell · Bankrate.com

The first debate face-off between President Barack Obama and Mitt Romney yielded nothing new on either side when it came to tax policy.

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Tuesday, October 2, 2012 3:47 pm
By Kay Bell · Bankrate.com

If Congress doesn’t act soon after it returns to work in November to keep the country from going off the fiscal cliff, every taxpayer will pay a steep price.

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Thursday, September 27, 2012 4:58 pm
By Kay Bell · Bankrate.com

Most of the nontaxpayers in the infamous 47 percent cited by Mitt Romney live in reliably Republican states in the South.

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Tuesday, September 25, 2012 3:55 pm
By Kay Bell · Bankrate.com

GOP presidential candidate Mitt Romney decided not to claim almost $2 million in charitable donations. Would you do the same?

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Thursday, September 20, 2012 3:21 pm
By Kay Bell · Bankrate.com

Do you agree that laws should require everyone pay at least some taxes?

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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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