Prenuptial agreements are common among the financial elite. Divorce settlements can be astronomical. But in some cases, prenups may make sense for the 99 percent.» Read More
DUBLIN, May 22- The international community needs to work together to stop large multinationals aggressively playing one country's tax code off against another, Ireland's Minister for Enterprise said on Wednesday.
Being audited is scary. Not knowing if you might be is almost as bad. Here is a roadmap to how the IRS decides on candidates for examination.
U.S. tax agents have been singling out non-profit groups for extra scrutiny by key words such as 'Tea Party'and later "organizations involved with political, lobbying, or advocacy".
Italy's economy minister said he did not believe additional tax hikes and spending cuts would be necessary in 2013.
The Internal Revenue Service will play an important role in how health-care reform is managed, even deciding who will have to buy coverage.
Max Baucus, the Senate's top tax writer, pledged last month to spend much of the time remaining before his 2014 retirement stepping up his bid to revamp the tax code. Baucus, a Democrat from Montana, chairs the Senate Finance Committee. Dave Camp, the U.S. House of Representatives' top tax writer, has been sounding as committed as Baucus.
Google and its auditor Ernst & Young will be called again to a British parliament committee to testify on tax and inconsistencies in the way Google portrays its activities in Britain.
*Group of 11 countries seek to impose transactions levy. BRUSSELS, April 24- Divisions have emerged within a group of European countries planning to set a tax on financial transactions, an EU document showed, and doubts over central aspects of the levy are threatening to delay or water down the scheme.
Amid speculation that the Defense of Marriage Act may be struck down, same-sex couples and their financial advisors are preparing for many possible changes in taxes and benefits.
*Plan would trim Social Security retirement program. WASHINGTON, April 10- President Barack Obama proposed a $3.77 trillion budget on Wednesday that combines controversial cuts to social safety net programs with tax increases on the wealthy in a package the White House hopes will jumpstart deficit-reduction talks.
*Cuts to Social Security retirement program loom. WASHINGTON, April 10- President Barack Obama proposed a $3.77 trillion budget on Wednesday that combines controversial cuts to social safety net programs with tax increases on the wealthy.
*Cuts to Social Security retirement program loom. WASHINGTON, April 10- The White House proposed a budget on Wednesday that would trim the U.S. deficit over three years by requiring millionaires to pay more in taxes and enacting spending cuts to replace the "sequester" reductions that went into place last month.
NEW YORK, April 8- Tax day this year falls on a Monday, making it all the more enticing for procrastinators to attempt to cram in all their accounting on the weekend prior. If this is your plan, you have a little bit of an excuse: The tax season started slowly as the Internal Revenue Service reworked many forms, as required by the year-end tax changes.
Tax incentives to spur retirement-plan contributions lead only relatively wealthy, well educated Americans to save more, studies show. Automatic contributions work much better.
Despite changes to the alternative minimum tax rules, millions will still have to pay it and the number of obligated taxpayers will keep growing.
From early withdrawals from 401(k) accounts to how you handle gifts from Grandma, here are five pitfalls to avoid while applying for college financial aid.
CNBC's Sharon Epperson discusses gold's close for the day. The precious metal ended up above $1,600 over concern in Cyprus as investors looked for a safe haven.
MILAN, March 24- The International Monetary Fund is planning to cut its U.S. growth forecast for this year due to higher taxes and spending cuts, Italian news agency ANSA said, citing a draft of the IMF's next World Economic Outlook report.
Although it's known as the "nanny tax," it's not just for nannies, and Uncle Sam won't take kindly to you if you don't pay it. Despite what's often seen as something that only the rich should be concerned with, it's something all of us better be aware of.
April 15 is looming, but if you look carefully there are a variety of possible ways to lower your 2012 tax bill.