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Yahoo! News: Business - Taxes and Tax Season
Business - Taxes and Tax Season

Yahoo! News
  • Obama planning new package of economic aid (AP)

    President Barack Obama reports on the economy as the latest unemployment figures are released,  Friday, Sept. 3, 2010, in the Rose Garden at the White House in Washington.  (AP Photo/J. Scott Applewhite)AP - Eager to jumpstart the economy ahead of crucial midterm elections, President Barack Obama said Friday he intends to unveil a new package of proposals, likely including tax cuts and targeted spending, to spark job growth.




  • Stranded actor Paul Hogan in Australia tax deal (Reuters)
    Reuters - Actor Paul Hogan, star of the "Crocodile Dundee" movies, has struck a deal with Australia's tax office which will allow him to return home to his family in Los Angeles, his lawyer said on Friday.

  • Should all the Bush tax cuts be extended? (The Christian Science Monitor)
    The Christian Science Monitor - No: Tax relief for the wealthy is bad stimulus The Bush tax cuts, which cost $1.7 trillion between 2001 and 2008, are set to expire at year’s end, posing several critical questions: Which tax cuts should be extended and for whom? Will permanent cuts boost the economy?

  • 3 Ways Obama Could Boost Hiring (U.S. News & World Report)
    U.S. News & World Report - Nearly three years after the recession began, President Obama wants to pass a jobs bill. It's not his first jobs bill, but the others--including the big $800 stimulus plan from 2009--haven't quite done the trick. So Obama is pushing for new tax breaks and cheap, government-backed loans for small businesses, with the hope that easier credit and a bit more take-home pay will spur them to hire more workers.

  • (AP)
    AP - Obama calls anew for Congress to pass legislation providing tax relief for small businesses.

  • 'Crocodile Dundee' to return to US amid tax fray (AP)

    ** FILE ** In this April 18, 2001 file photo, Australian actor Paul Hogan, star of the 'Crocodile Dundee' movie trilogy, poses in front of a movie poster for 'Crocodile Dundee in Los Angeles,' at a screening of the movie, at the Paramount studios in Los Angeles, Calif. Hogan has been cleared to return home to the United States after he was barred last month from leaving Australia because of a disputed tax bill, his lawyer said Friday, Sept. 3, 2010. (AP Photo/Rene Macura, File)AP - Actor Paul Hogan, star of the "Crocodile Dundee" movie trilogy, has been cleared to return home to the United States after he was barred last month from leaving Australia because of a disputed tax bill, his lawyer said Friday.




  • More Dems buck plan to let taxes increase for rich (AP)

    FILE - In this Aug. 25, 2009 file photo, Rep. Gerry Connolly, D-Va., conducts a town hall event in Springfield, Va. Chances are fading that Congress will allow taxes to rise, even for the nation's top earners. Worried about the fragile economy and their own upcoming election, a growing number of Democrats are joining the rock-solid Republican opposition to President Barack Obama's plans to let some of the Bush administration's tax cuts expire.    (AP Photo/Gerald Herbert, File)AP - Congress seems increasingly reluctant to let taxes go up, even on wealthier Americans.




  • 5 Tax Moves to Make Now (U.S. News & World Report)
    U.S. News & World Report - It may seem a bit strange to be talking about income taxes in September. There are, however, good reasons to think about taxes well before April 15. For starters, there are some big changes in the tax code that go into effect in 2011. Depending on your income tax bracket and investments, some simple planning now could save you a bundle later.

  • Instant View: Pending home sales rise in July (Reuters)
    Reuters - Pending sales of previously owned U.S. homes rose unexpectedly in July, an industry group said on Thursday, suggesting a tax credit-related housing market decline was close to bottoming.

  • Pending home sales rise 5.2 percent in July (Reuters)

    London shares ended in positive territory Thursday on US jobs and home sales data after falling in early deals.(AFP/File/Carl de Souza)Reuters - Pending sales of previously owned U.S. homes rose unexpectedly in July, an industry group said on Thursday, suggesting a tax credit-related housing market decline was close to bottoming.





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