5 new tax breaks you don’t want to miss
Tax season is upon us. And while nobody likes shelling out their hard-earned dollars to the IRS, this year the government is offering up some new opportunities that could save you big money. As part of the American Recovery and Reinvestment Act, or stimulus bill, Congress introduced several new tax goodies that could help millions of Americans save — as long as they know to claim them.
Obama proposes tax incentive to hire workers
President Barack Obama on Tuesday proposed a tax incentive for small businesses that add workers, even as Congress struggles to figure out how such an idea would work.
I have already filed my taxes. Am I not entitled to the tax break congress just passed last week?
D M asked: I filed my taxes in Mid-January. Last week conress announced that every tax paying adult will recieve $600 and $300 per child, in an attempt to avoid a recession. Since my taxes were already filed, am I not entitled to this extra tax break?
Top lawmaker wants mileage-based tax on vehicles
A House committee chairman said Tuesday that he wants Congress to enact a mileage-based tax on cars and trucks to pay for highway programs now rather than wait years to test the idea.
Would you support a tax on energy to help global warming?
questioner asked: If Obama wins in November 2008, and the Democratic Party continues to have control of the Congress I understand that they plan to put a tax on energy to pay for development of alternative energy and discourage use. Of course this could mean a tax on gasoline and your energy bills at home. [...]
