Taxes

Tax season isn’t fun for anyone. While filing your taxes means digging through shoeboxes of receipts, guessing at what number goes on which line and and pounding your head against real or imaginary walls, it can be even worse. Luckily there are a few great apps that can help ease the frustration of tax time. This year, let your phone save you some irritation — and maybe even some money.

Much like cigarettes and alcohol are taxed, there is a movement afoot to levy similar charges on soda and other sweetened beverages.

The good news is that 67 percent of Americans expect to to get a refund from the IRS this year. The bad news is that much of this money is going to be spent taking care of other debts, rather than be used for something fun.

If you’re one of those impatient people who gets a refund anticipation loan (RAL) from a tax preparer, enjoy it while it lasts — after this year, those loans are going away. And it’s probably for your own good.

Tax day is right around the corner — but that doesn’t mean we’ll all pay our fair share. An IRS survey last year found the percentage of people who thought it was acceptable to cheat “as much as possible” on their returns doubled compared to 2010.

President Obama proposed a range of policy initiatives during his State of the Union address on Tuesday night, including a call for Congress to shift a heavier tax burden onto the very wealthiest earners and provide financial incentives to domestic manufacturers and energy producers.

As obesity continues to plague the United States, many states have imposed a tax cost on some of the products that contribute to unhealthy weight gain, like soda. But experts believe that the current sales tax isn’t high enough to truly impact health and weight loss.

President Obama said in a press conference today that 'Time is running out' for Washington to pass the payroll tax cut and unemployment extension. With a bill ready to sign, the democrats and republicans can not find middle ground.

Due to the collapse of the super committee, the administration is scrambling to stop a payroll increase the will take place at the end of this fiscal year. The committee could not come to an agreement and now a payroll tax hike is looming over the working class.

Amazon does it again, heading for the exits when tax conditions prove unfavorable.