| Amgen, HP May Pay Higher Taxes as Research Credit Expires (Bloomberg) |
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Bloomberg - Dec. 21 (Bloomberg) -- Hewlett Packard Co., CA Inc. and
thousands of other U.S. companies may see their taxes rise in
2008 because Congress adjourned without extending a tax credit
for research. Read Entire Article |
While nobody likes filing tax returns, most people are rewarded handsomely for their efforts: About 75% of taxpayers get a refund, according to the Internal Revenue Service. In 2005, the average refund rang in at more than $2,000, a nice chunk of change.
| AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday. | |
| Read more... |