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Yahoo! Finance: Tax News
The latest news on Taxes from Yahoo! Finance
New: Taxation of Frequent Flier Miles
4 Feb 2012 at 4:40pm
[at Forbes] - Bad news: You might get a 1099 tax form forcing you to pay tax on airline miles.
New Apps to Try if The Super Bowl Is a Dud
4 Feb 2012 at 7:00am
[at TheStreet] - The apps can help you plan a garden or do your taxes if the big game is a big bore.
Palestinians call for PM's fall over taxes
4 Feb 2012 at 5:27am
[AP] - Hundreds of Palestinian protesters have called for their prime minister's resignation over recent tax and price increases.Saturday's protest marked the first time a sizable crowd demanded that Salam Fayyad ...
The Advantages and Risks of Gingrich?s Tax Strategy
3 Feb 2012 at 11:50pm
[at New York Times] - Newt Gingrich set up his speaking and consulting business as an S corporation, which exempted this portion of his income from Medicare taxes, an unusual move for a business based on services.
At 102%, His Tax Rate Takes the Cake
3 Feb 2012 at 11:08pm
[at New York Times] - In submissions of tax burdens from readers, James Ross, founder and managing member of the investment firm Rossrock, was on a perch all his own.
Frequent-Flier Tax Traps
3 Feb 2012 at 7:45pm
[at The Wall Street Journal] - Frequent-Flier Tax Traps
When A Housemate Is A Dependent (And A Tax Break)
3 Feb 2012 at 7:19pm
[at Forbes] - If your boyfriend, grandma or unemployed brother is crashing on your pull-out couch, you could snag a tax break by claiming them as a dependent on your federal income tax return.
Fewer tax changes, thanks to gridlock
3 Feb 2012 at 3:45pm
[at MarketWatch] - The good news is that there aren?t a slew of tax-law changes to deal with this year. The bad news is that the changes taxpayers need to contend are not trivial. Read that story, plus find out how your ...
Credit Q&A: Are Rewards Points Taxable?
3 Feb 2012 at 3:00pm
[at TheStreet] - Generally speaking, your rewards points aren?t going to be taxable if you?ve earned them by putting purchases on your card. However, high sign-on bonuses may require you to fill out a form for the IRS....
Facebook's high tax rate likely to drop
3 Feb 2012 at 2:28pm
[Reuters] - Facebook, the social network giant on the verge of a huge initial public stock offering, pays an unusually high tax rate, but that is likely to change soon, analysts said. At 41 percent on an effective ...
The Tax Implications of Foreclosures
3 Feb 2012 at 1:40pm
[at SmartMoney] - The Tax Implications of Foreclosures
The Alternative Minimum Tax (AMT)
3 Feb 2012 at 1:25pm
[at SmartMoney] - The Alternative Minimum Tax (AMT)
In Some Cases, You Don't Need to File a Tax Return
3 Feb 2012 at 1:21pm
[at SmartMoney] - In Some Cases, You Don't Need to File a Tax Return
Inaccurate Tax Return, Now What?
3 Feb 2012 at 1:10pm
[Investopedia] - If the IRS finds errors, it will cost you. Find out how to fix them - and prevent them in the first place.
Will Mark Zuckerberg Ever Pay Taxes Again?
3 Feb 2012 at 1:07pm
[at TheStreet] - Next year Mark Zuckerberg's base salary will receive a dramatic pay cut -- going from a base salary of $600,000 to just one dollar.
GBP/JPY Decline To Accelerate, EUR/CAD Threatening Upward Trend
Scalping Lesson 50+ticks on Crude Oil Gold Dax E-Mini Rusell ES Euro Pound Fu
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Spain makes banks address 50 billion euro property hole
2 Feb 2012 at 12:02pm MADRID (Reuters) - Spain is forcing its banks to recognise and deal with an additional 50 billion euros (41 billion pounds) in losses on assets left over from the country's property crash, renewing efforts to cleanse its sickly lenders' balance sheets. Spanish banks had already written down property holdings and bad loans to housebuilders by about 30 percent in an earlier financial sector reform ...Read more...
Spain tries again to clean up troubled banks
1 Feb 2012 at 4:02pm MADRID (Reuters) - Spain's government will force its banks to recognize some 50 billion euros (41.3 billion pounds) in losses on bad loans to builders in a fresh financial sector reform on Friday, but doubts will still linger over the worthless property on the banks' books. The aim is to trigger a fresh wave of mergers to create stronger new banks four years after a property boom went bust and ...Read more...
Bank to ramp up QE, ECB to cut rates - Reuters poll
1 Feb 2012 at 9:36am LONDON (Reuters) - The Bank of England will announce next week that it will pump an extra 50 billion pounds of money into the UK economy, just as the chances of the European Central Bank starting its own money printing scheme fade, a Reuters poll showed. Despite signs from business surveys on Wednesday that Europe's economy might be perking up, economists say both Britain and the euro zone are ...Read more...

























