Story | Apr 13, 2014 | 5:00 AM
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Story | Apr 15, 2014 | 6:17 PMWith lawmakers showing little enthusiasm for an ambitious proposal by House Ways and Means Committee Chairman Dave Camp (R-Mich.) to overhaul the byzantine U.S. tax code, Congress has to decide what to do about dozens of temporary tax breaks that expired Dec. 31. Among them is an exemption for forgiven mortgage debt that's an essential part of a broader federal effort to solve a nagging problem, namely the spate of defaults caused by the recession. Failing to renew it would cripple efforts by government and banks to mitigate the damage caused by the housing crisis.
Story | Apr 10, 2014 | 10:45 AM
Story | Mar 23, 2014 | 5:00 AM
WASHINGTON — Here's some good news for homeowners worried that Congress will fail again to renew popular tax benefits for use in 2014 — especially those allowing for mortgage debt forgiveness, write-offs for energy-saving improvements and...
Story | Mar 25, 2014 | 1:26 PM