Topic: Tax Deductions

New York Times reporter David Kocieniewski's Pulitzer was well-deserved, and perfectly timed.   Read More

Sole proprietors may be on top of it in terms of getting their taxes done, but they may be cheating themselves: According to data compiled from online accounting solution Outright.com, business owners are neglecting to report mileage expenses on their tax returns.    Read More

Even if you haven't finished — or started — filling out your tax forms, you've still got time to get your receipts in order and work the tax code to your advantage.   Read More

It's one of the worst tax time scenarios: You discover while doing your taxes that you owe taxes, and you don't have the cash. Here are your options.    Read More

The latest inflation data shows rising gasoline prices could start to pinch consumers and steal away any savings from the just-approved extension of the payroll tax cut.   Read More

Rising gasoline prices could bite into any savings from the expected extension of the payroll tax cut, but for now the higher costs could be somewhat offset by lower winter heating bills.    Read More

One has to cut when one can’t borrow any more. But that still hasn’t stopped the various interested parties and think-tanks on both sides of the Atlantic from arguing on whether this is the optimum approach or not.   Read More

By knowing exactly what cash you have coming in and going out and when those transfers occur, you ensure you have enough cash to continue operating from day to day. At its most basic level, cash-flow forecasting helps a business survive.   Read More

Amid the wailing and gnashing of teeth that are governments’ attempts to confirm the long-term viability of the euro project, we are also witnessing an attempt to introduce a financial transactions tax (FTT) or “Tobin Tax” in the European Union.   Read More

At face value, it seems like an easy, albeit creative way to pay for the extension of the payroll tax cut. Raise the fees that banks pay mortgage giants Fannie Mae and Freddie Mac to guarantee home loans.    Read More