There is a load of hoopla over the latest Powerball jackpot, now up to $235 million. But from a business standpoint, these kinds of lottery awards can be nothing but trouble.
President Obama today unveiled a plan to close overseas tax loopholes, lower corporate topline tax rates and invest in infrastructure growth in the U.S. to generate jobs domestically.
Figuring out what you can and can't deduct as a business expense is challenging. These tips help you lower your tax bill without running afoul of the federal tax code.
A bill which would end tax-free online shopping moves on to the House of Representatives, where it is likely to be met with resistance from anti-tax Republicans.
The Marketplace Fairness Act, expected to pass in the Senate on May 6, requires online retailers to charge shoppers their state's sales tax. Is the law a poor political move?
The Senate is expected to vote on the Marketplace Fairness Act of 2013 this week. If passed, online retailers would have to collect sales tax in all states, even if they don't have a physical footprint in the state.
A new taxation survey finds that the administrative burdens of paying taxes are more significant than the financial burdens. Here are a few tips on how to keep the time devoted to your taxes to a minimum.
Don't feel pressured to file by April 15. If you're scrambling to get your taxes done this weekend, you might be better off filing for an extension. Here's how to do it the right way.
You have one week left to get your taxes done, but that doesn't mean you have to scramble. Here are some simple strategies to make the process go smoothly.
At tax time, novice entrepreneurs will quickly find out just how complex the U.S. tax system is. But don't let that stop you from taking advantage of a few key tax deductions.
The Internal Revenue Service scrutinizes the use of contractors carefully, so don't let worker-classification rules trip you up or you could wind up extra taxes, penalties and interest. Here's how to avoid tax problems with 1099 workers.