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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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…
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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Here are five relatively painless steps you can take this month that could benefit you in a big way come tax time in April. So take a break from all the holiday hoopla and focus on maximizing your tax position for 2010.
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President Obama’s National Commission on Fiscal Responsibility and Reform couldn’t get enough of its members to approve its own recommendations or to find the 14 votes needed to send its proposal to Congress. But don’t count ou…