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FairTax Part Of Huckabee's Rise, But Idea Does Not Lack Critics (Investor's Business Daily)

Investor's Business Daily - Preacher-turned-politician Mike Huckabee has talked his way to the front of the Republican pack with an appeal of conservative values, compassion and charm. But he's also pitching the most radical change of any candidate -- abolishing the Internal Revenue Service.
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Latest Tax Tips

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Home Office Deduction Many people whose small businesses qualify them for a home office deduction are afraid to take it because they've heard it will trigger an audit. But this deduction is no longer a red flag for an IRS audit. These tips can help you determine if you qualify to take the deduction--and rest easy when...

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How To

Take Advantage of 0% Cap Gains Before It's Too Late Take advantage of the 0% tax rate on long-term capital gains before it's too late.

General

Philly trying to preserve jobs while making cuts (AP) AP - Nearly a year ago, Mayor Michael Nutter took office amid glowing optimism: With the slogan "A New Day, A New Way," he promised to add hundreds of police officers, scale back taxes and help more Philadelphians get college degrees.

Filing Taxes

5 Smart Ways to Use That Refund Sample Image

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.

Investment Taxes

OMB Control Numbers The Disclosure, Privacy Act, and Paperwork Reduction Act Notice for the
IRS Form 1040 states in part:
You are not required to provide the information
requested on a form that is subject to the Paperwork
Reduction Act unless the form displays a valid OMB
control number.
The fact that such a warning is printed on the IRS Form 1040

Work and Business Taxes

Tax Tips for Married Business Owners When married couples run unincorporated small businesses, they can really get nailed by the federal self-employment tax (SE tax). In fact, these small-business owners often face SE tax bills that exceed their federal income tax bills.

Home and Family Taxes

Broke states offering amnesty for tax cheats Desperate to bring in revenue in the middle of a recession, states across the country are adopting tax amnesty programs, offering to let people pay their past-due bills.

Newsflash

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.
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