October 9, 2009 – 4:13 pm
It wasn’t too long ago that Nicolas Cage, the National Treasure star, put a few of his houses up for sale in efforts to pay back some of the $6.3 million he owed the government in unpaid back taxes.
But as his homes sit unsold, the IRS filed another tax lien on the actor whose government tab [...]
April 15th has come and gone, but taxes are still very much in the news these days. The passage of a new $3.5 trillion budget (and the projected $1.75 trillion deficit) has a lot of people talking about the taxes we’ll need to pay all of this money back. In that vein, I was checking [...]
April 15, 2009 – 10:42 am
If you haven’t filed your tax returns yet, you’re not alone. The IRS is expecting to receive 20 million returns this week, which means about 16% of Americans put it off until the last minute. It’s not too late to file on time, but the midnight deadline is definitely approaching. If you owe the government [...]
Before the financial crisis I, like most Americans, received a lot of credit card offers in the mail. What used to be a steady stream has now slowed to a trickle so I’m paying a little more attention to the occasional “good deal” teaser offer. Last week one of them caught my eye. Capital One [...]
As you already probably know, General Motors CEO Rick Wagoner has been asked to step down by the White House after 32 years with the company. As the AP notes:
Wagoner isn’t the first CEO to lose his job as part of a government bailout. The CEOs of mortgage giants Fannie Mae and Freddie Mac were [...]
It’s tax time, and those of you braving the process alone may not know of all the deductions available that will save you money. Among the lesser-known writeoffs:
Satellite radio. If you have a home office or small business and like to work in a creative ambience, you are allowed to deduct the cost of providing [...]
February 3, 2009 – 1:13 pm
With tax season approaching, and a tax code that’s more complicated than ever, there are many Americans who are confused about just what Tim Geithner, Tom Daschle, and Nancy Killefer did to get themselves into trouble.
