taxes

Jersey City police cruiser (credit: CBS 2)

Report: Jersey City Police Officer Exodus Could Cost Taxpayers Millions

Mayor-elect Steven Fulop is criticizing the timing of Comey’s departure and the post-election retirement of dozens of officers.

2013/05/24

iPhone (file / credit: John Moore/Getty Images)

Connecticut Proposal Would Hike Tax On Digital Downloads

Downloading e-books, music from iTunes, or apps for your phone could become expensive for folks in Connecticut.

2013/05/22

The US Capitol building is pictured in Washington, DC, (Photo credit: JEWEL SAMAD/AFP/Getty Images)

U.S. Senate Passes Bill To Require Internet Merchants To Collect Taxes

The U.S. Senate on Monday passed a bill that could end tax-free shopping on the Internet for many shoppers.

2013/05/06

Connecticut Gov. Dan Malloy (file / credit: MANDEL NGAN/AFP/Getty Images)

Gov. Malloy Promises No New Taxes Amid Projected Half Billion Dollar Revenue Deficit

Lower than anticipated revenue is to blame, according to Office of Policy and Management Secretary Benjamin Barnes.

2013/05/01

Tax Deadline Help: Last Minute Tips

According to the Internal Revenue Service, 50 million Americans wait until April to start their tax-filing process. Bob Meighan, a lead CPA for the American Tax and Financial Center at TurboTax and the VP of consumer advocacy for TurboTax, shared answers to common last-minute filing questions.

2013/04/15

Spring Valley Mayor Noramie Jasmin speaks to reporters on Wednesday, April 3, 2013 (credit: CBS 2)

Corruption Charges Could Mean Tax Hike In Spring Valley

The village is hiring outside law firms at $200 per hour to handle the subpoena requests for documents, e-mails, and other potential evidence.

2013/04/11

Income Tax Filing (credit: Chris Hondros/Getty Images)

NY Tax Dept. Announces Arrests Of Preparers Who Allegedly Filed Fraudulent Returns

Tax officials said one New York City tax preparer pleaded guilty to filing 100 fraudulent tax returns, many of them with fictitious dependent information.

2013/04/10

How To Spend Your Tax Refund

The best part of paying your taxes is probably getting your refund check.

2013/04/10

Connecticut State Capitol in Hartford (file / Used with permission of the Connecticut General Assembly and the League of Women Voters of Connecticut Education Fund, Inc.)

Connecticut Legislature Turns Attention To Budget Deficit

With gun control reform accomplished, Connecticut state lawmakers now have to figure out how to deal with the over $2 billion deficit in the next two-year budget.

2013/04/08

A Look At The Craziest Tax Write-Offs

It’s hard to think there’s anything funny about taxes when you’re under a mountain of paperwork, but CBS News contributor and analyst Mellody Hobson has a little comic relief for taxpayers.

2013/04/02

New York State Capitol in Albany (file / credit: Chris Hondros/Getty Images)

Critics: N.Y. State Lawmakers Have Quietly Revived Unpopular Taxes To Build Budget

Good-government groups slammed the New York State Legislature on Wednesday for what one senator called “vampire voting” — dead-of-night votes to revive taxes that were supposed to die — to build much of the new $135 billion budget.

2013/03/27

How (Not) To Get Audited

It’s time to talk taxes: 1099 forms have gone out and you should be organizing your paperwork and getting ready to pay the taxman.

2013/03/25

What Triggers an IRS Tax Audit?

The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.

2013/03/25

How Studying Your Taxes Can Help Your Career

About half of Americans say they feel underpaid. Are you one of them?

2013/03/25

Connecticut State Capitol (credit: League of Women Voters of Connecticut, Inc.)

Conn. Mayors Fear Tax Hikes Might Be Needed With Malloy’s Budget

Mayors from around Connecticut and of both parties say they don’t want to raise property taxes, but say that if Gov. Dan Malloy’s budget goes forward, they will have no choice.

2013/03/21

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