Tax Tips for the Accidental Landlord

In today’s shaky real estate market, more and more homeowners are becoming landlords, often as an unexpected necessity. Whether you’re renting out your old house, an investment property or even a single room, being the landlord…

Obama’s Budget Cuts: Less Than Meets the Eye, Thankfully

A parade of Republicans immediately lined up to attack the president’s proposed budget this week, claiming the plan falls short of making a real difference. They’re right. And that’s good, because really deep reductions are the…

Obama Takes Liberal Heat for His Tax-Cut Compromise

President Barack Obama has cut a deal with Republicans to extend Bush-era tax cuts for two years and unemployment benefits for 13 months. But the plan is already drawing fire from Obama’s own liberal supporters.
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How the Tax-Cut Compromise Will Impact Inheritance

As Republicans and Democrats work toward a compromise on income tax cuts, another controversial tax — the estate tax on inherited property — hangs in the balance. A repeal of the 55% tax on estates worth at least $1 million i…