Taxes

Some investors might be thinking that the safety and income from utilities already has seen its upside. Merrill Lynch does not feel that way at all.
With the Powerball lottery up to an estimated $625 million, 24/7 Wall St. does not want to see anyone go broke. That’s why we have created a self-help guide of 12 things not do if you win the...
The government shutdown could cause some people to experience a delay in getting their refunds, as measured against what the Internal Revenue Service says is the normal period.
We've all seen the ads promoting loans backed by expected tax refunds. Here's how those work and why they may be helpful to some taxpayers.
It's a new year, and that means it's time for people to set new financial goals. Go ahead, call them New Year's resolutions for your money and assets.
IBM buys Red Hat, "Halloween" is number one at the box office, Japan is building relationships with China, and other important business headlines.
It is no secret that winning the lottery has become the new version of the American Dream. While the odds of winning are lower than the odds of being struck by lightning on a sunny day, it’s...
There soon will be some new rather filthy rich people in America. There have been no Mega Millions jackpot winners since July 24, so the jackpot will be at least $1.6 billion for Tuesday’s...
Lottery winners need to avoid the endless temptations that can rob them of their new-found wealth. That's why we have created a self-help lesson of 12 things not to do if you win the lottery.
It is plain that the only thing that can start to begin to push the deficit down is an economy so strong that it causes a surge in federal government receipts. The argument has been made before and...
Recently released data from the IRS shows that the top 0.001% of U.S. taxpayers pay nearly the same proportion of all U.S. federal income tax as the bottom 50%.
There soon will be some new rather filthy rich people in America. The two major lotteries have combined jackpots worth more than $750 million!
Right now the United States is a $20 trillion economy with about a 4% unemployment rate and with more job openings than able bodies to fill those jobs. Still, many deep scars are very evident as...
Nearly half of Americans won't be paying any federal income tax this year.
A recent paper by the American Accounting Association found that there is a negative relation between the performance of NFL teams and the personal income tax rates of their home states.