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Tax Deductions

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  • Why marriage is costly—for some—at tax time Thursday, 13 Mar 2014 | 10:20 AM ET

    Some wealthy and low-income married couples are losing out at tax time, but experts say eliminating the marriage penalty is complicated.

  • Uncertainty on key tax deductions for Main Street Monday, 10 Feb 2014 | 11:26 AM ET

    After a year of higher taxes, small businesses face uncertainty on tax deductions they've come to rely on, The New York Times reports.

  • Identity thieves gear up to steal your tax refund Tuesday, 14 Jan 2014 | 8:00 AM ET

    Identity theft is already a serious problem—the No. 1 complaint to the FTC—and tax-related identity theft is a growing part of this crime spree.

  • Don't Vilify Apple! Blame Broken US Tax Code Wednesday, 5 Jun 2013 | 9:52 AM ET
    Apple's flagship New York store.

    Apple and other multinationals that keep money overseas are not doing anything wrong on taxes, opposing political pundits agreed on CNBC. But they clashed on reforms to discourage that practice.

  • Swedish Fin Min: Some Progress on Banking Union Monday, 15 Apr 2013 | 1:15 AM ET
    Swedish Fin Min: Some Progress on Banking Union

    Anders Borg, the Swedish finance minister, tells CNBC what progress has been made so far on a European banking union.

  • Cyprus Crisis Has Positive Elements: Pro Tuesday, 26 Mar 2013 | 4:00 AM ET
    Cyprus Crisis Has Positive Elements: Pro

    Donal O'Mahony, global strategist at Davy, tells CNBC that when the dust settles on Cyprus investors will be left thinking about what Europe didn't do.

  • EU: 'No Longer a Civilized Democracy': Pro Tuesday, 26 Mar 2013 | 3:45 AM ET
    EU: 'No Longer a Civilized Democracy': Pro

    Lars Seier Christensen, co-founder and CEO of Saxo bank, tells CNBC that one has to assume the EU may use a depositor tax again in future crises.

  • Cyprus Problem Was Long Coming: CIO Monday, 25 Mar 2013 | 4:00 AM ET
    Cyprus Problem Was Long Coming: CIO

    Lothar Mentel, CIO of Tatton Investment Management, tells CNBC that the Cyprus situation was known for a while and that the Europeans played brinkmanship in the way they handled it.

  • CNBC Anchor Grills Barroso and Medvedev Friday, 22 Mar 2013 | 6:10 AM ET
    CNBC Anchor Grills Barroso and Medvedev

    CNBC's Steve Sedgwick grilled the president of the EU commission, José Manuel Barroso and the Russian prime minister, Dmitry Medvedev, on the relationship between Europe and Russia at a press conference in Moscow.

  • UK Fiscal Stimulus Too Small: Expert Wednesday, 20 Mar 2013 | 12:15 PM ET
    UK Fiscal Stimulus Too Small: Expert

    Ruth Lea, economic advisor at Arbuthnot Banking Group says fiscal stimulus proposed in the U.K. budget is too small.

  • Could Russia Become the 'Savior of Europe'? Wednesday, 20 Mar 2013 | 2:15 AM ET
    Could Russia Become the 'Savior of Europe'?

    Ivan Tchakarov, chief economist at Renaissance Capital, tells CNBC that the Cyprus crisis presents an opportunity for Vladimir Putin to take the moral high ground and become the 'savior of Europe'.

  • Cyprus Has Germany's Fingerprints All Over It: Pro Tuesday, 19 Mar 2013 | 4:35 AM ET
    Cyprus Has Germany's Fingerprints All Over It: Pro

    Nicholas Spiro, managing director at Spiro Sovereign Strategy, tells CNBC that to take the risk on Cyprus for a puny 5.8 billion euros 'beggars belief'.

  • US Rally Will Continue Despite Cyprus: Pro Tuesday, 19 Mar 2013 | 3:30 AM ET
    US Rally Will Continue Despite Cyprus: Pro

    Anthony Scaramucci, managing partner at Skybridge Capital, tells CNBC that like when Lehman Brothers was allowed to fail, allowing Cyprus to fail will have unintended consequences.

  • Cyprus Bank Tax Will 'Create Stampede': Politician Tuesday, 19 Mar 2013 | 3:11 AM ET
    Cyprus Levy Will 'Create a Stampede': Politician

    Efi Xzanthou, a member of Cyprus's Green Party and Parliamentary Finance Committee, tells CNBC that as soon as they open there will be a run on the banks as no depositor will feel safe.

  • Cyprus Levy 'Not Such a Bad Idea': Pro Tuesday, 19 Mar 2013 | 3:00 AM ET
    Cyprus Levy 'Not Such a Bad Idea': Pro

    Stephane Deo, global head of asset allocation at UBS, tells CNBC that taxing small savers in Cyprus is the wrong thing to do, and taxing big depositors is a better solution.

  • Experts Warn On Cyprus Bank Tax Tuesday, 19 Mar 2013 | 2:38 AM ET
    Experts Warn On Cyprus Bank Tax

    The Cypriot parliament will today vote on the highly controversial levy on bank deposits, CNBC has been speaking to a number of market experts who all warn that the tax sets a dangerous precedent.

  • Cyprus Tax: 'Blowing Capitalism's Brains Out' Tuesday, 19 Mar 2013 | 2:30 AM ET
     Cyprus Tax: 'Blowing Capitalism's Brains Out'

    Steve Keen, professor of economics at the University of Western Sydney, argues that if you destroy the trust depositors have in their bank accounts then you destroy the oil of capitalism.

  • How Do You Play the Cyprus Bailout? Tuesday, 19 Mar 2013 | 2:00 AM ET
    How Do You Play the Cyprus Bailout?

    Ashraf Laidi, chief global strategist at City Index, tells CNBC that investors, who want to play the Euro without the periphery, should play the Swiss Franc.

  • Filing Snafu Could Delay Up to 600,000 Tax Refunds Wednesday, 13 Mar 2013 | 8:18 AM ET

    A filing error has resulted in the delay of up to 600,000 tax refunds — among them students who need the money to pay for books and the tax receipt to apply for financial aid, the IRS said Tuesday.

  • As Tax Time Nears, Can You Trust Your Taxman? Tuesday, 12 Feb 2013 | 10:39 AM ET

    An attempt by the IRS to get new regulations to stop fraud among tax preparers has hit a roadblock. The issue raises the age-old question of credibility for those who prepare our taxes.