Enter multiple symbols separated by commas

Taxes Tax Planning


  • COLUMN-Three retirement loopholes seen likely to close Monday, 29 Jun 2015 | 12:19 PM ET

    LOS ANGELES, June 29- There are plenty of tips and tricks to maximizing your retirement benefits, and more than a few are considered "loopholes" that taxpayers have been able to use to circumvent the letter of the law in order to pay less to the government. 1. Back-door Roth IRA conversions The U.S. Congress created this particular loophole by lifting income...

  • Estate planning, taxes, Social Security benefits, health insurance and other financial issues have historically been enormously complicated for same-sex couples. Now with nationwide acceptance of marriage equality, thanks to the Supreme Court decision on Friday, will the financial picture finally be clear? Reuters spoke with three experts in LGBT...

  • NEW YORK, June 25- Darden Restaurant Inc's plans unveiled this week to spin off some of its holdings into a real estate investment trust point to a gold mine others can tap, but a recent statement by the U.S. tax authority raises cautionary flags. The IRS was responding to inquiries about whether it would change its review practices when the operation being spun off...

  • LOS ANGELES, May 18- Nearly six million people with disabilities may benefit from new tax-free savings plans approved by Congress last year, but the accounts may not be as helpful or available as quickly as originally promised. After a decade of lobbying by disability advocates, Congress passed The Achieving a Better Life Experience Act in the final hour before...

  • These taxpayers won't get refunds before mid-July Monday, 27 Apr 2015 | 8:22 AM ET
    The IRS 1040x Amended Tax Return forms.

    Nearly 5 million taxpayers will file an amended income tax return this year. Among them? Here's what you should know.

  • Getting a tax refund? Here's the bad news Friday, 17 Apr 2015 | 11:21 AM ET
    Tax refund

    Tens of millions of Americans overpay their taxes each year and miss out on interest and market returns they could earn on that money.

  • U.S. House passes estate tax repeal despite veto threat Thursday, 16 Apr 2015 | 12:55 PM ET

    WASHINGTON, April 16- The U.S. House of Representatives on Thursday ignored a White House veto threat and passed legislation to repeal the estate tax that hits inherited assets worth $5.4 million or more. By a mostly partisan 240-179 vote, the Republican-backed bill will be sent to the Senate, where Democrats are expected to use procedural hurdles to try to block...

  • WASHINGTON, April 14- The White House on Tuesday said Democratic President Barack Obama's advisers would recommend that he veto a pending Republican-authored bill to repeal the estate tax. The White House said in a statement that the bill to repeal the tax is a "fiscally irresponsible" measure that would "endorse the principle that the wealthiest Americans...

  • WASHINGTON, April 14- The White House on Tuesday said President Barack Obama's advisers would recommend he veto a bill in the U.S. House of Representatives that would repeal the estate tax. Conservative opponents of the estate tax say it is a "death" tax and that it burdens people who are grieving. The White House said repealing it would only benefit the wealthiest...

  • CHICAGO, April 9- Illinois is the national poster child for state budget messes. Illinois exempts all retirement income from state taxes- Social Security, private and public pensions, and annuities. And we're hardly alone: 36 states that have an income tax allow some exemption for private or public pension benefits, and 32 exempt all Social Security benefits from...

  • Your 'To Do' list after getting your taxes back Saturday, 4 Apr 2015 | 11:03 AM ET
    Employee Linda Tarkenton holds a blank U.S. Treasury check before it's run through a printer at the U.S. Treasury printing facility in Philadelphia.

    Use the money you received from a tax refund to pay off debt, to boost your savings and to invest.

  • Guess which state residents pay the most in taxes? Thursday, 2 Apr 2015 | 11:53 AM ET
    taxes IRS tax money dollars

    The Tax Foundation estimates Americans will pay $4.8 trillion in taxes in 2015, but some states will contribute more than others.

  • SHANGHAI/ BEIJING, March 30- Chinese regulators eased lending and tax policies on real estate on Monday, as Beijing seeks to stop a slide in property prices that has put economic recovery at risk. The People's Bank of China, in a statement on its website, urged financial institutions to support home purchases using a combination of commercial lending and a housing...

  • RIYADH/ DUBAI, March 24- Saudi Arabian real estate shares tumbled on Tuesday after the cabinet approved a proposal to tax undeveloped land in urban areas- a policy that could shake up investment incentives in the kingdom and help to resolve a housing shortage. Some analysts have estimated 40 or even 50 percent of space inside big cities such as Riyadh, Jeddah and...

  • MGM Resorts' shareholder pushes for REIT conversion Tuesday, 17 Mar 2015 | 11:31 AM ET

    Shares of MGM, which operates destination resorts like the Bellagio, MGM Grand and the Mirage, rose as much as 9.9 percent in morning trading. MGM would join a pool of companies looking to spin off their real estate assets into REITs to save taxes. Land and Buildings, which declined to disclose its stake in MGM, said it intends to nominate four candidates to the...

  • Are you paying too much in taxes? Friday, 13 Mar 2015 | 9:00 AM ET
    Are you paying too much in taxes?

    CNBC consumer reporter Kelli Grant gives viewers tips on how to avoid paying too much in taxes.

  • LONDON, March 7- Britain's finance minister, George Osborne, is planning to introduce a new "diverted profits tax" targeting multinational companies judged to have shifted profits overseas to avoid tax, the Sunday Times newspaper reported, citing government sources. Google Inc, Amazon.com Inc and Facebook Inc are among companies that have been widely...

  • Breaking down President Obama's tax plan Tuesday, 20 Jan 2015 | 8:03 AM ET
    President Barack Obama speaking

    Jason Furman, Council of Economic Advisers, provides a preview of President Obama's State of the Union address on Tuesday night where he is expected to talk about tax reform.

  • Tax time! What you should know Tuesday, 20 Jan 2015 | 6:41 AM ET
    Tax time! What you should know

    Dave Prokupek, Jackson Hewitt, explains what taxpayers need to know to start filing their 2014 taxes and whether to expect delays. Also Prokupek discusses the benefits of filing early.

  • Obamacare will affect your taxes this year Tuesday, 6 Jan 2015 | 4:16 PM ET
    An H&R Block tax associate assists a client with her taxes.

    Various factors, including a lack of coverage or whether or not a plan is subsidized, can affect an individual's refund total.