Taxes Blog

Thursday, March 8, 2012 12:48 pm
By Kay Bell · Bankrate.com

According to all sorts of data, the economy is picking up. But sometimes those figures are slow to trickle down …

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Tags: tax, Taxes
Tuesday, March 6, 2012 3:28 pm
By Kay Bell · Bankrate.com

Voters in 10 states are headed to the polls on this Super Tuesday to help pick the Republican presidential nominee. Wins by Mitt Romney could speed along the GOP selection process, but don’t expect the two biggest thorns in his side, Newt Gingrich and Rick Santorum, to go away even if they don’t make up

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Tags: tax, Taxes
Thursday, March 1, 2012 1:20 pm
By Kay Bell · Bankrate.com

Excuse me, Kanye, I’m going to let you get back to your charitable work if you wish, but first I’d like to use your now-defunct foundation as a philanthropic cautionary tale. Although the Kanye West Foundation closed its doors last year, the online news outlet The Daily recently examined the organization’s previous tax filings. What

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Tags: tax, Taxes
Wednesday, February 29, 2012 5:40 pm
By Greg McBride, CFA · Bankrate.com

On Tuesday, I joined Oliver Pursche on the Money Matters Financial Network to talk about a key question on many Americans’ minds these days: What should I do with my tax refund? Here’s a condensed version of our conversation, in both written and spoken form. Greg: There are some important steps you can take to

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Tuesday, February 28, 2012 1:41 pm
By Kay Bell · Bankrate.com

Maybe that old saying that there are three kinds of lies: “lies, damned lies and statistics” should be rewritten to include “polls.” Two recent public opinion surveys reveal conflicting points of view on proposed taxes. An Associated Press-GfK Group poll released last week found that 65 percent of U.S. adults support President Barack Obama’s proposed

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Tags: tax, Taxes
Thursday, February 23, 2012 4:34 pm
By Kay Bell · Bankrate.com

Corporate taxation is getting a lot of attention thanks to President Barack Obama’s release of his plan to revamp how businesses pay taxes. But the man he likely will face in the battle for the White House also is getting some unwanted spotlight because of a tax break used by a corporation upon whose board

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Tags: tax, Taxes
Tuesday, February 21, 2012 2:28 pm
By Kay Bell · Bankrate.com

Taxpayers who are anxiously awaiting tax refunds have been even more disconcerted lately. When they go to check on the status of their refunds via the IRS’ online tracking tool, Where’s My Refund,  they are told that the agency has no record of their return. Don’t panic. If you e-filed and got an acknowledgement that

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Tags: tax, Taxes
Friday, February 17, 2012 2:03 pm
By Kay Bell · Bankrate.com

After months of wrangling, the payroll tax cut extension fight came to a quick — and positive for workers — end on Friday. Both the House and Senate signed off on keeping in place through 2012 the 2 percentage point reduction in the amount taken out of workers’ paychecks to pay for Social Security. The

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Tags: tax, Taxes
Thursday, February 16, 2012 2:53 pm
By Kay Bell · Bankrate.com

The latest political game of “I’ll show you mine if you show me yours” continues, with Rick Santorum being the latest Republican candidate to reveal his tax returns. Santorum, who’s giving the ostensible GOP presidential nominee frontrunner Mitt Romney a real challenge in the approaching Michigan primary, released four years of federal income tax returns

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Tags: tax, Taxes
Tuesday, February 14, 2012 3:58 pm
By Kay Bell · Bankrate.com

The good news for workers enjoying the temporary 2 percentage point payroll tax cut is that it looks like the lower tax is closer to being extended for all of 2012. The House Republican leadership has offered to support the extension without finding money from elsewhere to pay for the $100 billion it will cost

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Tags: tax, Taxes
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