When you are in dire need of professional help to get out of IRS tax debt, it is quite likely that you will shop around for the right company that can assist you in tax debt settlement. But how genuine are these companies? Can you really trust them? Well, the answer is yes and no. [...]
Obama plan will end dozens of business tax breaks: Geithner (Reuters)
Filed in heightenedWASHINGTON (Reuters) ? The Obama administration’s corporate tax reform plan will end “dozens and dozens” of tax breaks, U.S. Treasury Secretary Timothy Geithner said on Tuesday as he defended the White House’s election-year call for higher taxes on the wealthy. Within days, the administration is set to unveil a blueprint for revamping the corporate tax [...]
NEW YORK (CNNMoney) ? Mitt Romney?s five sons ? Matt, Tagg, Craig, Ben and Josh ? are sitting pretty with a trust fund worth $100 million. Getting there took smart tax strategies, and investments that produced great growth, according to the Romney campaign. Romney and his wife Ann have been giving to the boys since [...]
WASHINGTON (AP) ? Fleshing out a year-old initiative, the Obama administration wants Congress to enact or expand tax breaks for small businesses and remove barriers to startups, seizing on some existing bipartisan proposals that could win support even in the polarized climate of an election year. White House officials say President Barack Obama will call [...]
Supercommittee Co-Chair Rep. Jeb Hensarling, R-Texas talks to reporters as he arrived for a meeting of the committee on Capitol Hill in Washington, Thursday, Nov. 17, 2011. (AP Photo/Harry Hamburg) Supercommittee Co-Chair Rep. Jeb Hensarling, R-Texas talks to reporters as he arrived for a meeting of the committee on Capitol Hill in Washington, Thursday, Nov. [...]
Rep. Jeb Hensarling, R-Texas, co-chair of the Joint Select Committee on Deficit Reduction, leaves a meeting with House Speaker John Boehner, R-Ohio, to vote on the House floor at the Capitol in Washington, Wednesday, Nov. 16, 2011. The Supercommittee is trying to come up with a plan by Thanksgiving that trims the federal deficit by [...]