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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.
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Though your property may be a money pit, you may still have to file taxes every year.
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Style-conscious Wall Street types are looking elsewhere for smart suits as a crackdown on customs duties makes London tailoring even pricier
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Four weeks into tax season, the IRS paid out more than 48 million refunds, at an average of $3,034 a pop. That's up 3% from the average refund paid during the same period last year, the agency said Thursday.
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The AMT is a parallel tax system that snares fewer filers now. Here's what to know.
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FT analysis of data shows that people on the 40p rate will, as a group, pay more than basic-rate taxpayers for the first time this year
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House Ways and Means Chairman Dave Camp put forth a tax reform proposal Wednesday that calls for lowering income tax rates for most Americans and businesses, but also reducing the value of or eliminating entirely key tax breaks, too.
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Before going out and spending the money, consider other options for your tax refund.
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Dave Camp’s proposals face political challenges, but Wall Street companies fear they could give a bipartisan veneer to ideas for levies on their assets
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Thanks to the fiscal cliff deal and the Affordable Care Act, the top 1% of taxpayers - and many in the top 3% as well - will have to pay a bigger tax bill come April 15.
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