| Apr 11, 2012
| 8:45 AM
Feeling stressed because you waited until the last minute to file taxes? Making that rare trip to the post office to send off the return? Be careful, warns the Journal of the American Medical Assn.: The chances of getting into a fatal car accident jump 6%...
| Oct 28, 2012
WASHINGTON — Limiting the homeowner mortgage interest deduction came up in two of the presidential debates, but specifics about who would be affected and how much they might lose in tax benefits were minimal. To put some rough numbers on the issue,...
| Sep 11, 2012
| 12:11 PM
It pays to rat out your tax-dodging clients.
A former banker who helped wealthy Americans illegally evade taxes, and later confessed his transgressions and cooperated with the government, has been awarded $104 million in what appears to be the largest-...
| Sep 12, 2012
| 5:00 AM
WASHINGTON, D.C. – A wild windstorm swept through here on Saturday, tossing broken tree limbs, downing power lines and forcing thousands of suburbanites to eat dinner by candlelight. On Sunday, with the skies sunny and mostly clear, the oppressive...
| Jun 6, 2012
| 10:49 AM
Maybe it’s not all silver spoons and top hats for the fat cats of America: The 400 taxpayers with the highest adjusted gross incomes in the country are seeing their earnings slide while their taxes rise.
On average, each earned $202.4 million in...
| Feb 19, 2013
| 3:32 PM
It's amazing, and depressing, when political compromise functions only to throw obstacles in the way of ideas that bring the greatest good to the greatest number of people.
Today's example: the long, tortuous road to bringing more retirement security to...
| Mar 1, 2013
| 8:06 PM
Dear Liz: I just turned 70. Must I draw now from my IRA? I still work full time. I heard from one investment company representative that since I work, there is an exemption that I may not have to start withdrawals. Is this true?
Answer: You can postpone...
| Feb 8, 2013
| 6:00 AM
Don’t worry if you haven’t received your expected IRS tax refund. Most people haven’t -- and the fiscal cliff is to blame.
The Internal Revenue Service is far behind its normal pace in processing federal tax returns and mailing...
| Aug 1, 2012
Not long ago, Tyrone Freeman was a rising star in the national labor movement, already the head of California's biggest union local and a force in Democratic politics from Los Angeles to Washington, D.C.
Freeman's quick climb up the ranks of the...
| Dec 23, 2012
Dear Liz: We have a family member who recently was approved by Social Security for a complete disability claim. This person will never work again but has an outstanding student loan. The lender has a formal mechanism to apply for loan forgiveness, but...
| Dec 2, 2012
Dear Liz: My husband and I have given our daughters gifts over the years, but we have never exceeded the $26,000 gift tax limit for a married couple. Do we need to file IRS Form 709 to split the gifts? If so, how to do we file for past years?