#taxes

News | News

Victor Davis Hanson: Is California Cracking Up? | Stock News & Stock Market Analysis - IBD

Corporate profits at California-based transnational corporations such as Apple, Facebook and Google are hitting record highs. California housing prices from

Politics | POLITICS

Where the Candidates Stand on Your Taxes | MONEY

How much of your paycheck will you keep? Ahead of the election, see what Clinton and Trump are planning for your taxes.

Politics | Politics

Bombshell report on Trump taxes sends GOP nominee reeling

It puts an exclamation point on what was already one of the worst weeks for any presidential candidate in recent memory.

Business & Finance | Business

How Apple—and the Rest of Silicon Valley—Avoids the Tax Man | WIRED

Apple is not the only high-tech US firm taking advantage of tax loopholes in places like Ireland and the Cayman Islands.

Miscellaneous | Interesting Links

Sorry, Maya Dirado: You'll still have to pay taxes on that Olympic medal

Update on 'Essential Politics: Hundreds of bills live or die in Sacramento 'suspense file' action'

Politics | Politics

Bernie Sanders and his wife made $205K, according to 2014 tax returns

Sen. Bernie Sanders and his wife on Friday released their full 2014 tax return, showing a combined income of more than $205,000, following pressure from Democratic presidential campaign rival Hillary Clinton.

Science & Technology | Technology

This guy recreated that $47,000 TSA app in 10 minutes

What did this app do? Basically, it randomly selected which lane (left or right) passengers should go into in a security line.

Politics | POLITICS

45 percent of Americans pay no federal income tax

Many Americans don’t have to worry about giving Uncle Sam part of their hard-earned cash for their income taxes this year. An estimated 45.3 percent of American households — roughly 77.5 million — …

Politics | The circus we run our country with

For Cam Newton, Adding Super Tax Insult to Super Bowl Injury

He'll be paying about $101,000 of extra tax simply because the game took place in California.

Miscellaneous | Interesting stuff

Married? Pay Attention to These 4 Things at Tax Time

If this is your first tax season as husband and wife, here are four things that will be different this time around.

Politics | Politics

Caltrans seeks 5,000 volunteer motorists for mileage fee pilot program

The California Department of Transportation is seeking 5,000 volunteers for an experimental program that will charge motorists a fee based on how far they drive -- a proposal that could replace the state gas tax as a way to fund highway maintenance and re

Business & Finance | Business & Finance

Top 5 End-of-Year Tax Strategies for Small Businesses

The time to think about tax season isn't at the first of the year -- it's all year long. These five strategies can help.

Politics | POLITICS

Do the Rich Pay Their Fair Share?

Do the rich pay their fair share of taxes? It's not a simple question. First of all, what do you mean by rich? And how much is fair? What are the rich, whoev...

News | That's News to Me

This Unwelcome Aspect of Obamacare Is Going to Surprise a Lot of People in 2016 -- The Motley Fool

If you thought millions of consumers were shocked when they filed their taxes last April, then you haven't seen anything yet!

Politics | Op-Ed

Death & Taxes | Jlife

News | That's News to Me

IRS says thieves stole tax info from additional 220,000 - Yahoo Finance

From Yahoo Finance: A computer breach at the IRS in which thieves stole tax information from thousands of taxpayers is much bigger than the agency originally disclosed. An additional 220,000 potential victims had information ...

News | The News

Chicago finds new tax stream: Netflix, Spotify, online gambling - Jul. 2, 2015

Chicago has expanded its taxing power to extend to streaming services. The city's residents will now pay an extra 9% tax to use services such as Netflix and Spotify.

Politics | The IRS

Report: IRS Deliberately Cut Its Own Customer Service Budget | The Weekly Standard

If you tried to contact the IRS with a question about your taxes this year, chances are you didn't get a response. The IRS estimated that it would only answer 17 million of the 49 million calls received this filing season. Taxpayers lucky enough to have the IRS answer their calls waited an average of 34.4 minutes for assistance--nearly double the wait time last year (18.7 minutes).

Miscellaneous | Interesting Links

What Does the IRS Do With All the Paperclips People Send Them? | Mental Floss

The IRS becomes the proud owner of a huge batch of new paperclips each year. So, what do they do with the influx of office supplies?

Business & Finance | FINANCE & INVESTMENTS

6 Red Flags That Can Get You Audited

There’s nothing quite as heart-stopping as a notice from the IRS. Sometimes it’s to raise a question about an item on your return; other times you may get a notice that you owe money. If you’re really unlucky, you may find out the IRS is auditing your return.

News | The News

Californians Now Paying A ‘Global Warming’ Fee On Gasoline | Truth And Action

A $.10 fee is now being added to each gallon of gas, before sales tax, in California. It is a tax, but that isn't what they are calling it. Instead, the fee is described as an amount paid by gas retailers when distributors load tanker trucks. So Califor

Politics | Interesting Links

Do the Rich Pay Their Fair Share? - Prager University

Do the rich pay their fair share of taxes? It's not a simple question. First of all, what do you mean by rich? And how much is fair? What are the rich, whoever they are, paying now? Is there any tax rate that would be unfair? UCLA Professor of Economics,

Politics | Politics

First Time Ever: Federal Tax Revenues Top $1 Trillion Thru January; Gov't Still Runs $194B Deficit | CNS News

Inflation-adjusted federal tax revenues hit a record $1,046,224,000,000 for fiscal year 2015 through January, but the federal government still ran a $194,209,000,000 deficit during that time, according to the latest Monthly Treasury Statement.

Business & Finance | Business & Finance

10 Crazy Sounding Tax Deductions IRS Says Are Legit - Forbes

Tax returns are signed under penalties of perjury, so you can't lie. But creativity sometimes pays off. Do you feel lucky today?

History | History

What 11 Common Objects Would Cost in 2015 if Colonial Taxation Still Existed | Mental Floss

It’s safe to say the American colonists were pretty upset about the taxes and tariffs imposed on imported goods in the 1760s and 1770s—upset enough to start a war. But at rates like ten shillings or a couple of pounds, the tariffs hardly sound oppressive to modern ears. That is, until you do the math...

Business & Finance | Business & Finance

Why marketing is a great year-end tax write-off | VentureBeat

GuestLiterally every dollar invested in marketing can be effectively written off.

Politics | Interesting Links

The Progressive Income Tax: A Tale of Three Brothers - Prager University

The Progressive Income Tax is one of those economic terms that gets bandied about, but few actually know what it means or how it works. This tale of three similar brothers with three different incomes (but one shared expense) helps explain the tax system

Politics | Politics

Here's How Gasoline Taxes Stack Up State By State

Gas taxes range from 12 cents to over 50 cents per gallon on the state level. What are you paying?

Politics | Politics

BILL CLINTON: Executives Think The US Tax Code Is 'Crazy' - Yahoo Finance

Bill Clinton is calling on the US to follow other countries around the world and lower its corporate tax rate to reduce so-called corporate "inversions" — the controversial practice of relocating a company headquarters overseas to take advantage of lower rates. When executives now look at other countries' tax codes, they think the US system is "crazy," Clinton said.

News | The News

$2.66T: Tax Revenues for FY14 Hit Record Through August; Gov’t Still Runs $589B Deficit | CNS News

Inflation-adjusted federal tax revenues hit a record $2,663,426,000,000 for the first 11 months of the fiscal year this August, but the federal government still ran a $589,185,000,000 deficit during that time, according to the latest Monthly Treasury Stat

Politics | Interesting Links

Thousands of Americans surrendering their passports due to huge hike in government fees

Large tax bills faced by Americans who have not lived in their country for years are forcing US citizens to renounce their nationality - but only at a cost

Politics | Op-Ed

Government will take every penny you've earned so far this year: Examiner Editorial

As Americans celebrated this nation's birthday on July 4, most were likely unaware of a less uplifting commemoration that fell on the calendar during the same holiday weekend. That was Cost of Government Day, or July 6, 2014. The date's significance is on

News | The News

Federal Tax Revenues Set Record Through May; Feds Still Running $436B Deficit

Federal tax revenues continue to run at a record pace (in inflation-adjusted dollars) in fiscal 2014, as the federal government’s total receipts for the fiscal year closed May at an unprecedented $1,9

Politics | Politics

Taxing Drivers By The Mile An Obvious Revenue Grab

California drivers pay for the roads, highways and bridges they use when they buy fuel and they already pay the highest fuel taxes in the country.

Politics | Seriously???

Sen. Introduces Bill To Test Out Taxing Motorists For Every Mile They Drive - CBS Los Angeles

The California Legislature is looking at a voluntary program that would tax motorists for every mile they drive.

Politics | Politics

Golf Star Teed Off Over Taxes

Mickelson later apologized for comments on California taxes.