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Economic News

The economy plays a huge role in our financial lives, and learning about it can help you make intelligent financial decisions for your future. Get up to speed on current events here. For news on the economy, employment numbers, the stock market, and markets across the world, we’ll walk you through the biggest headlines—and what they might mean for you. Our tax support specialists will make sure you have every answer you may need. For other questions about your taxes, just get in touch through our live chat feature, located to the bottom right of your screen – or by clicking here.

Category: Economic News

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Tax Changes Coming for 2017
While many taxpayers consider January through April to be tax season, taxes are a year-round endeavor. Make sure you’re up to date on tax changes coming for 2017 to save yourself time and money at filing time. 2017 Tax Changes: Brackets and Ded...
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Healthcare and Taxes: What You Need to Know
Healthcare and taxes is a confusing subject in the United States, and it has been this way ever since Obamacare came into the picture. American taxpayers are obligated to get insured or face a tax penalty — but that’s just scraping the su...
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Senate Approves More Tax Court Judges
In a rare episode of cooperation and bipartisanship, the United States Senate approved two of President Obama’s nominees for the U.S. Tax Court in early August. So the tax court judges may be filling out. Approval Paves the Way for Hearing More...
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Tax Hikes to Hit Rich Post Fiscal Cliff
If there was any time when Washington D.C. politicians were tested to  on their deal-making abilities, that time is now. The so-called “Fiscal Cliff” is set to kick in on Jan. 1, 2013. Why is it called the fiscal cliff? Because that̵...
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How the Election Impacts Your Taxes
If there’s an election that impacts the American people’s tax burden, the 2012 presidential election is it. Republican candidate Mitt Romney and Democratic incumbent President Barack Obama are apples and oranges when it comes to most issu...
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Poll: Increase Taxes on Wealthy
The tax rates paid by the country’s wealthiest earners are almost always the topic of political debate. But according to a new poll, a majority of Americans feel Uncle Sam should be taking a bit more. Most people want to increase the taxes on w...
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Internet Taxes Coming to a Mouse Near You
As a struggling economy tightens state budgets across the country, more state capitols are taxing internet sales to lessen the pinch. But what counts as these internet taxes? More States Adopting Internet Taxes Online sales taxes are coming to more a...
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Sports Tax Breaks: A Favorite of State Capitals
When it comes to professional sports, every city wants a piece of the pie. So cities and states giving tax breaks for big league sports teams to locate and stay within their borders is nothing new. But with anything involving tax dollars, controversy...
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Golden State Suffers $10 Billion Tax Gap
In the Golden State, things are looking less golden for Sacramento’s bean counters. The chief researcher for California’s tax agency told his supervising board that the state loses out on $10 billion every year at a time when the state is making ...
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Greek Debt Deal Shaves Risk for U.S. Taxpayers
After two years of scaring investors on both sides of the Atlantic, the Greek debt crisis is close to being resolved. Introducing, the Greek debt deal. The country was set to default after living beyond its means since before it adopted the Euro as i...
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