News
CNN Money | Firms warned: Don't leave U.S. for lower taxes
The Senate's chief tax writer, Ron Wyden, wants U.S. companies looking to move abroad for a lower tax bill to understand one thing: "[T]hey won't profit from abandoning the U.S."
CNN Money | IRS said to make $13B in improper refunds
The U.S. government doled out more than $13 billion last year in improper payments of a tax credit meant to help the working poor, according to a government watchdog.
Econ Comments & Analysis
AEI | Expert's take: Tax extenders debate
While the fundamental structure of the federal tax system is permanent law, there are roughly four dozen temporary tax provisions that expired at the end of 2012. These tax breaks are commonly referred to as “tax extenders” because Congress regularly (and often retroactively) extends them for a year or two.
