taxes

SHREVEPORT, LOUISIANA, DECEMBER 27, 2012 – Chesapeake Energy Corporation today announced the company will be making a total of nearly $14 million in property tax payments to parishes benefiting from natural gas and oil development.

Louisiana state agencies have released a 43-page report that provides an overview of the state's tax structure and the $6.8 billion in tax breaks on the books.

The state Department of Revenue is proposing new regulations governing Louisiana's alternative fuel vehicle tax credit to limit estimated program costs to $10 million a year.

I’m one for wanting to  get people to pay attention to something important. And, I’m also one for getting to dance like a maniac in random places. But one American city wants to spend taxpayer money, to help develop flash mobs! But, why?!

Everyone knows that filing your taxes can be a huge headache. While it can be a pain, it’s definitely not something you want to take lightly.

Tax day is right around the corner — but that doesn’t mean we’ll all pay our fair share. An IRS survey last year found the percentage of people who thought it was acceptable to cheat “as much as possible” on their returns doubled compared to 2010.

In a speech given from the White House Rose Garden on Monday, President Obama proposed a $3 trillion plan to cut the deficit, with half of that amount covered by increased taxes on the wealthy and another $800 million financed by letting the Bush-era tax cuts expire. “If we are going to make spending cuts… then it is only right we ask everyone to pay their fair share … We can’t afford these specia

Picture the government placing a GPS on your car and tracking every mile you drive. Now, imagine being charged a tax based on those miles, your vehicle’s fuel efficiency rating and the time of day you drove. Such a system is being explored in car-clogged regions of Europe and Asia. Even the US is interested in studying mileage charging systems.

IRS e-file has passed a major milestone...over one-billion served. The Internal Revenue Service's e-file Program has passed the one-billion mark for individual tax returns processed safely and securely since 1986. Prior to the April 18th deadline, IRS e-file passed another high point, as well, since more than 100-million individual tax returns were e-filed during the 2011 filing season... Read Mor