top stories in News Reel
-
1 of 10
5 Dogs of the Car Dealership
-
2 of 10
Could Video Games Extend Your Life?
-
3 of 10
Car Makers on the Road to Recovery
-
-
4 of 10
6 Ways to Avoid an Audit
-
5 of 10
Why BlackBerry Is Under the Gun
-
6 of 10
Is Market Timing Dead?
-
7 of 10
10 Things Medicare Won't Tell You
-
8 of 10
Should You Ever Buy Into New ETFs?
-
9 of 10
Lessons From Past Dow Milestones
-
10 of 10
Companies Make Smokers Pay
Welcome
How-To Guides
-
How to Cut Property Taxes
A few steps to take to manage your property tax bill.
-
How to Do Your Own Taxes
With advances in technology, filing and paying your taxes has become as easy as checking email.
-
How to Give to Charity
You should be diligent when making charitable contributions.
-
How to Manage Important Documents
Given how scattered our digital lives have become, it’s important to have a good system for storing and managing your important papers.
-
3 last-minute moves to lower your tax bill; Commentary: There’s still time to take advantage of these tax breaks
MarketWatchAlthough 2012 is in your rear-view mirror, it’s not too late to make some moves that will save taxes on Form 1040 and maybe on your state income tax return as well. Here are three possibilities.
-
Subscriber Content Read Preview
Romain Hatchuel: What's French for 'Economic Nonsense'? Taxi unions and the pursuit of a 75% income tax can signal a lot about a country—and the unlikelihood of reform.
WSJ.comFinding a cab in Paris is often an ordeal. For years, French taxi unions have bullied the government into maintaining what they consider their most valuable privilege: a strictly limited number of taxi medallions and for-hire vehicle ...
-
New Threat to Municipal Bonds: Lower State Taxes
Barrons.comState finances are on the mend, presenting a new wrinkle for holders of tax-free municipal bonds: A handful of states are pushing to cut income-tax rates. That could cause their bonds to underperform in coming years by reducing local demand ...
-
Subscriber Content Read Preview
Texas Triumphs
WSJ.comThe spat over jobs between Republican Gov. Rick Perry of Texas and Democratic Gov. Jerry Brown of California keeps smoldering.Earlier this month Mr. Perry went to California on a recruiting trip and told businesses that Texas is where they ...
-
Taxes after the death of a spouse; Commentary: Four steps to navigating your changed tax situation
MarketWatchIf your spouse died last year, it of course affects your 2012 federal income tax return. But there are other tax implications as well. Here are four of the most important things to know.
-
Subscriber Content Read Preview
Indian Rupee Slides Heavily On Budget Disappointment
WSJ.comThe Indian rupee nosedived against the dollar Thursday, dragged down by disappointment surrounding the new government budget for the next fiscal year.
-
7 top nations for dodging taxes á la Depardieu; Higher U.S. tax brackets may tempt some to follow the actor’s lead
MarketWatchFrench actor Gerard Depardieu’s decision to renounce his citizenship in order to avoid paying taxes might be tempting to those moving into ever high brackets. But experts warn that making such an exit is often a complex and costly process.
-
A New Year With Old Policies
Barrons.comIt was a New Year's party to remember. Facing the fiscal cliff, Congress did all the easy stuff. It made most of the existing tax rates permanent, instead of letting them rise. For nearly everything that might have been painful, especially ...
The Alternative Minimum Tax (AMT); Most vulnerable to the AMT are taxpayers with several children, interest deductions from second mortgages, capital gains, high state and local taxes, and incentive stock options.
SmartMoney.comRemember back when you were young and poor and nothing made you madder than tales of rich people who paid nothing in income taxes? Well, you weren't alone, and that anger led to the creation of something called the alternative minimum tax, ...
-
Subscriber Content Read Preview
Shell to Contest India Income Tax Notice
WSJ.comNEW DELHI--Royal Dutch Shell PLC's India unit said Monday it would challenge a tax department notice that claims it underpriced a sale of shares to an overseas group company by $2.7 billion.
-
Subscriber Content Read Preview
A Buckeye Tax Reform; Kasich joins the queue of income-tax cutting GOP Governors.
WSJ.comFew states outside the South and Mountain West have recovered faster from the financial crisis than Ohio, and now Governor John Kasich is betting on tax reform to keep it going. He's another GOP statehouse executive creating a sharp policy ...
-
Many Unhappy Returns—Millions of Them; It's the 100th anniversary of the 16th Amendment. Don't forget to file your taxes.
WSJ.comA century ago, on Feb. 3, 1913, the 16th Amendment to the Constitution authorizing a federal income tax was ratified. But the amendment's adoption was more an accident than an act of political will, and tinkering with the Constitution was ...
Rolling Over Retirement Accounts; Mess up your rollover and you could face an income bill plus a 10% early withdrawal penalty. Here's how to do it right.
SmartMoney.comChances are you'll have to roll over a retirement account at least once in your lifetime. Most likely, it will be when you leave your current employer and take your 401(k) with you. Or, you may be eligible to roll over your current IRA into ...
-
Subscriber Content Read Preview
Sequester Looms, No Deal in Sight
WSJ.comSenate Democrats and Republicans squared off Tuesday over whether to try to block across-the-board spending cuts set to begin March 1.Senate Majority Leader Harry Reid (D., Nev.) said his party would seek to avert the cuts, known in ...
-
How Much Will Your Taxes Jump?
WSJ.comIn the nick of time, and amid much political drama, Congress passed the American Taxpayer Relief Act on New Year's Day—averting massive tax increases for nearly all earners that were slated to take effect Jan. 1.
-
Minnesota's Snowbird Tax; Spend most of the year in St. Pete, pay the government in St. Paul.
WSJ.comYou may have heard it can get cold in Minnesota in January, or for that matter in April. Last week the temperature dropped to seven below zero in the Twin Cities, which is one reason many Midwesterners head to Florida or Arizona for the ...
-
Subscriber Content Read Preview
U.K. Opposition Party Proposes Property Levy
WSJ.comLONDON—The U.K.'s opposition Labour Party said Thursday it would introduce a levy on homes worth more than £2 million ($3.1 million) and use the money raised to cut income tax for low earners if it was in power now, backing a tax on ...
-
Goldman Drops U.K. Bonus Proposal
WSJ.comLONDON—Four years after the financial crisis, banks operating in the U.K. are finding out that the annual bonuses they pay to employees are still everybody's business.
-
Subscriber Content Read Preview
Party Eyes 'Red-State Model' to Drive Republican Revival
WSJ.comTOPEKA, Kan.—Even if he doesn't enter the race himself, this state's Republican governor, Sam Brownback, is determined to play a starring role in the next presidential election.
-
Mickelson and the Sports Star Tax Migration; If Lefty moves to a state with no income tax like Florida, he'll find he has plenty of elite athlete company.
WSJ.comAmerica's top-grossing golfer Phil Mickelson drove himself into a bunker on Jan. 20 when he said that federal and California state tax hikes had made him contemplate making "drastic changes" in his life—including, it was widely assumed, ...
-
Subscriber Content Read Preview
The $9 Minimum Wage That Already Exists; The Earned Income Tax Credit alleviates poverty without costing low-income workers their jobs.
WSJ.comOn Tuesday night, President Obama used his State of the Union address to call for a 24% increase in the federal minimum wage, to $9 an hour from its current $7.25. He left out an important detail: For many low-wage employees, single parents ...
Closing Down the Estate; Being named the executor of someone's will is tricky tax business.
SmartMoney.comWhen a loved one dies, somebody must step up to the plate to handle all the resulting tax issues. This person may be identified in the decedent's will as executor of the estate. If there isn't a will, however, the probate court will appoint ...
-
Subscriber Content Read Preview
Honeywell CEO in the Middle of Fiscal Cliff Standoff
WSJ.comHoneywell International Inc. chief executive David Cote gives the orders at the $48 billion industrial giant, but lately he has been taking directives from President Barack Obama and congressional Republicans, in hopes of finding a ...
-
Subscriber Content Read Preview
Tax Planning When the Law Is Anyone's Guess
Barrons.comIt's a confusing time for tax planners and their clients.The end may be near for the Bush-era income tax cuts. If Congress and the president don't' take action by Dec. 31, tax rates on ordinary income, interest, capital gains, dividends, ...
-
Protecting Your Deductions
WSJ.comNever mind your income-tax rate for next year—what will happen to your deductions?Presidential candidate Mitt Romney twice has raised the possibility of imposing caps on tax benefits to help lower tax rates. Instead of simply cutting the ...
-
Tax moves to make now — fiscal cliff or not; Commentary: Year-end strategies for higher-income earners
MarketWatchTo do year-end tax planning right, you should take a two-year perspective. You don’t want to make a move that lowers your 2012 tax bill but raises your 2013 tax bill by more. Right now, taking a two-year perspective is difficult, because we ...
-
Obama's Famous Tax 'Victory'; Top marginal income tax rates may go up. But the president's second-term spending wish list will be history.
WSJ.comTo read the current fiscal-cliff coverage, President Obama holds the upper hand and is poised for the "victory" of winning an increase in the top two tax rates.
-
Subscriber Content Read Preview
U.K.'s Osborne Gambles on No Change
WSJ.comWhat ails the U.K. economy? This, rather than the politically sensitive issue of whether to abandon his debt target, was the real judgment call that George Osborne had to make in his "Autumn Statement."
-
Wall Street Took a Beating at the Polls
WSJ.comTuesday's election was hardly a referendum on Wall Street.But in Massachusetts, Ohio, California and elsewhere, the industry and its accompanying ideology were soundly beaten back. Candidates who built their resumes as industry scourges ...
-
Subscriber Content Read Preview
States that Spend Less, Tax Less—and Grow More; States with an income tax spent 42% more per resident in 2011 than the nine states without an income tax.
WSJ.comIn the midst of a dismal recovery where every job counts, one fact stands out: States that tax less achieve better economic performance. Conventional thinking (at least within government) says that low state taxes are dependent upon having ...
-
Subscriber Content Read Preview
Advisers See Fix for Alternative-Minimum Tax
WSJ.comFinancial advisers facing so much uncertainty over taxes are counting on one thing to be consistent in 2013: the alternative-minimum tax.Advisers widely believe the White House and Congress will enact legislation that would keep millions ...
-
Deduction Cap Doesn't Address Complexity or Growth
WSJ.comOne thing left out of your editorial "Romney's Tax Deduction Cap" (Oct. 20) is a discussion of the Alternative Minimum Tax (AMT), which is felt by some to be the most serious problem with the tax code. It hits middle-income tax filers hard. ...
-
Readers Give Schumer a History Lesson in Tax Cutting
WSJ.comSen. Charles Schumer (Letters, Oct. 18) argues that the Journal's editorial board is "pretending we can achieve both rate-cutting and deficit reduction at the same time."
-
Cliff Negotiators Grapple With Tax Issues
WSJ.comWASHINGTON—Senate Republican and Democratic leaders worked Saturday to bridge differences over how to avoid year-end tax increases and possibly spending cuts, and found themselves grappling not only over income tax rates, but also over a ...
-
6 tax issues to watch in 2013
MarketWatchLOS ANGELES (MarketWatch) — With 2012 winding down, we’re rushing into the new year amid utter insecurity about our tax lives. Talking heads expound on the “fiscal cliff” ad nauseum. But without the passage of any legislation, the chatter ...
-
Subscriber Content Read Preview
Monti Cuts Taxes For Some Italians
WSJ.comROME—Prime Minister Mario Monti announced a tax cut for low-income earners, a surprise move to reward Italians after months of austerity measures that have damped recovery prospects in the euro-zone's third-largest economy.
-
Of Liberals and Loopholes; The current tax code favors high-tax states.
WSJ.comOne post-election budget surprise has been President Obama's resistance to John Boehner's proposal to get $800 billion in new revenue by closing tax loopholes. Here's one likely reason: the high tax rates of his blue-state Democratic ...
-
Subscriber Content Read Preview
Paycheck Debacles
WSJ.comLawmakers are working to keep the country from going over the "fiscal cliff," but already they have caused two snafus that will soon hit millions of pocketbooks—and maybe even the economy.
-
Peter Schiff: The Fantasy of a 91% Top Income Tax Rate; A liberal article of faith that confiscatory taxes fed the postwar boom turns out to be an Edsel of an economic idea.
WSJ.comDemocratic Party leaders, President Obama in particular, are forever telling the country that wealthy Americans are taxed at too low a rate and pay too little in taxes. The need to correct this seeming injustice is framed not simply in ...
-
Subscriber Content Read Preview
Tax Moves to Make Now
WSJ.comThe annual scramble to make smart tax moves before Dec. 31 is proving especially vexing this year.Congress still hasn't settled 2013 tax rates on income, investments, large gifts and estates. Deductions and other breaks are also in doubt, ...
-
Subscriber Content Read Preview
Britain's Missing Millionaires; Income tax rates rise but revenues fall.
WSJ.comA funny thing often happens on the way to soaking the rich: They don't stick around for the bath. Take Britain, where Her Majesty's Revenue and Customs service reports that the number of taxpayers declaring £1 million a year in income fell ...
-
Obama's Disappearing $5 Trillion; The President's advisers concede 80% of Romney's tax-cut math.
WSJ.comIn last week's presidential debate, President Obama seemed stunned to learn that the "$5 trillion tax cut" in his talking points, financed by a mythical middle-class tax increase, does not exist in Mitt Romney's economic plan. But now, even ...
-
Obama can resolve cliff by backing his 2011 plan; Commentary: Revenue can be raised without raising tax rates
MarketWatchWASHINGTON (MarketWatch) — President Barack Obama has abandoned his Hawaii vacation, returning to Washington to try to prevent the economy from going off the so-called fiscal cliff — the combination of tax increases and spending cuts that ...
-
Strassel: Big Business Sells Out Small Business; CEOs say yes to higher individual taxes in return for Obama's promise of corporate tax reform.
WSJ.comWere the Hollywood academy to hand out Oscars for roles in this fiscal cliff drama, the winner of the Best Charlatan award would not be in much doubt. Corporate America, take your bow.
-
Subscriber Content Read Preview
More Taxes, Fewer Taxpayers
WSJ.comAccording to new Census data, New York, Illinois, New Jersey, Connecticut and Rhode Island led the country last year in out-migration (measured as a share of their population). Not incidentally, the Tax Foundation ranks New York, New Jersey ...
-
Subscriber Content Read Preview
The Best and Worst Governors on Growth; Sam Brownback, Rick Scott, Paul LePage and Tom Corbett all get an 'A' as tax cutters.
WSJ.comFederal lawmakers have created an economic mess with their chronic overspending and inability to deliver stable, pro-growth tax policies. Perhaps the elections will break the Washington gridlock and knock loose some solutions. Until then, ...
-
Subscriber Content Read Preview
A Menu of Revenue-Raising Options; Democrats and GOP Can Pick Among Bevy of Higher Tax Rates and Fewer Deductions; How Much Money Do They Want?
WSJ.comPresident Barack Obama and congressional leaders, seeking to raise revenue as part of their high-stakes budget talks, have an extensive menu of options for increasing tax bills.
-
What cliff deal means for your taxes; The last-minute agreement affects every taxpayer’s bottom line
MarketWatchAfter weeks of wrangling and brinkmanship, Congress has finally passed a deal to avoid the dreaded fiscal cliff, striking compromises on a slew of outstanding tax questions, from what rates the wealthy will pay on income to who will face ...
-
A Roth IRA Escape Hatch
WSJ.comWith an Oct. 15 deadline approaching, advisers are reminding clients that little time is left to reverse Roth individual retirement account conversions made in 2011—if such a move would save money.
-
Subscriber Content Read Preview
Another Year, Another $1 Trillion-Plus; The Obama Presidency goes four for four on record deficits.
WSJ.comOne October irony is that even as President Obama hits Mitt Romney for lacking details and the press demands answers about the tax treatment of municipal bond interest, nobody seems interested in the substance of Mr. Obama's supposed $4 ...
-
Subscriber Content Read Preview
Public Advocate Fires 2013 Campaign Shots
WSJ.comPublic Advocate Bill de Blasio on Thursday proposed raising taxes on the wealthy to pay for education initiatives and he lashed out at City Council Speaker Christine Quinn, calling her education proposals "half measures" and her reforms for ...
Video Results ( of )
-
Rams Running Back Steven Jackson We... 9:19
-
Opinion: California vs. College Spo... 3:54
-
The Twin Houses of an Odd Couple 2:52
-
Seib & Wessel: What’s North Korea U... 13:40
-
Weak Payroll Figures Highlights Mar... 7:06
-
Big Surf, Big Ask: Hawaii Home List... 3:35
-
What to Know About New Facebook Hom... 4:57
-
Opinion: California’s Appalachia 4:47
-
You Work Five Extra Days for Uncle ... 1:56
-
U.S. to Send Missile-Defense System... 3:14
-
Want Free Video? Watch These Ads 4:44
-
Hong Kong Strike Threatens Busy Por... 3:17
-
Home Price Index Best Since 2006 6:04
-
HitBliss Asks Users to Watch Ads fo... 3:08
-
Apple Analyst: Forget $700 Stock 5:05
INVESTOR CENTER
MARKETS:
LOADING...
Buzz Box
Most Popular
//
Emailed
-
How to Write a Will
There's no better time to start than today.
-
How to Cut Property Taxes
A few steps to take to manage your property tax bill.