Tax Deductions

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• Three Simple Ways to Grow Your Federal Tax Refund

  

  Make sure you claim all of the tax breaks you deserve, from other taxes you have paid to expenses for job hunting, and even good deeds so small you hardly remember them.

• IRS Cracks Down on Deductions 

  

  CNBC's Eamon Javers reports the IRS is watching extra generous "charitable donations."

• Will Housing Go Over the Cliff? 

  

  Jed Kolko, Trulia chief economist, explains what will happen to the housing market if mortgage interest deductions are taken away.

• Should Corporations Get Away With Avoiding Tax? 

  

  Peter Toogood, investment services director at OBSR, a Morningstar company, tells CNBC that it is inevitable that indebted governments will start cracking down on corporate tax avoidance like Starbucks in the UK.

• The Cliff and Your Mortgage 

  

  CNBC's Diana Olick reports how changes in the mortgage interest rate deduction will impact homeowners.

• Limiting Tax Deductions: What It Might Cost You

  

  Limiting tax deductions as part of a "Fiscal Cliff" deal would force the wealthy to bear the brunt of the cost, with million-dollar earners getting hit the hardest.

• CNBC Explains: What Are Payroll Taxes?

  

  Anyone looking at their paycheck stub and seeing the laundry list of taxes taken out might be saying to themselves 'Why am I paying these and where does all that money go?'CNBC explains

• Eliminate 'Sacred Cow' Mortgage Rate Deduction? 

  

  Robert Johnson, RLJ Companies founder & chairman, discusses whether the mortgage interest deduction is a tax loophole that should be closed.

• French ‘Pigeons’ in Flutter Over Tax Rise

  

  François Hollande’s Socialist government is facing a new tax revolt – this time not from big business protesting against the president’s 75 per cent income tax band but in the form of a viral online campaign by small French entrepreneurs furious about a jump in capital gains taxes, the FT reports.

• Offshore Tactics Helped Increase Romneys’ Wealth

  

  Mitt Romney's offshore arrangements enabled his individual retirement account to avoid taxes on its investments and may well have reduced his personal income tax bills, The New York Times reports.

• How the ‘Fiscal Cliff’ Could Hurt Married Couples

  

  There are many financial perks that come with being married. Filing taxes generally isn’t one of them.

• Tax Hikes a Threat to Charitable Giving, Say Billionaires

  

  A poll of charitable billionaires found that a majority say taxes impact their giving.

• Are 529 College Savings Plans Too Easy To Beat?

  

  Many say 529 savings plans are the best way to save for college, but interest in them is cooling.

• Tax Status for Same-Sex Spouses: Married, Filing Oddly

  

  Taxes for same-sex couples are far more complex than those for heterosexual couples because the 1996 Defense of Marriage Act (DOMA) prohibits same-sex marriages from being recognized at the federal level.

• Too Much Debt Talk from Paul Ryan

  

  My worst fears about Paul Ryan were borne out in Wednesday night's speech.