Senate Democratic leaders will introduce a bill that would provide tax relief for small businesses that hired new workers and purchased new capital equipment this year.
Unlike earlier proposals by House Republicans, the bill wouldn't prevent any specific industry from qualifying for the break amounting to 20% of businesses' income
The government has countersued NetJets Inc., owned by Warren Buffett's Berkshire Hathaway Inc., after the company filed suit over $642.7 in taxes, interest and penalties it says it doesn't owe.
Survey shows a shift in what filers plan to do with checks from the IRS; 'more reserved and cautious'
Agency taking dim view of hidden assets -- even if the hiding's not intentional
Lack of funds for agency leading to erosion of rights, citizens' advocate tells Congress
Several top Senate dems believe they're in a stronger position now than in 2010 to go after Bush-era tax cuts for top earners
Also believe it's Uncle Sam's job to protect investors from fraud
Debate continues over more than $30 billion in so-called tax extenders, such as the research and development tax credit and the ability for financial services companies to defer taxation on income earned outside the U.S.
Supreme court considers request for Social Security survivor benefits for twins born 18 months after father's death.
Those who end up paying more taxes than required on stock sales may well have tough questions for their advisers
Calculating how much money would have been raised if rates were higher is weird science, at best
One of the founders of Medical Capital Holdings Inc., the issuer of tainted private placements that have devastated dozens of broker-dealers, faces five counts of failing to file a federal income tax return.