Taxes Blog

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

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.

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

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

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

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.

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.

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.

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.

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