Tax Vox' Len Burman takes a closer look at the taxation plan proposed by US Rep. Dave Camp (R-MI). While it seems simple on the surface, Burman writes that Camp's plan introduces new hidden tax rates and other issues.
Billions of dollars in tax revenue is lost through Swiss bank accounts, a Senate panel charges. But hundreds of billions of dollars are lost through more mundane tax evasion. Why is Congress making it harder for the IRS to collect the much bigger sum?
The House will release a tax plan on Wednesday that would cut the top individual tax rate to 25 percent. Read on for the GOP's tax proposal and and teh rest of today's tax news.
A healthy marriage might be swell most of the year, but from a financial perspective, it might make more sense to stay single at tax time. Tax Vox rolled out a new calculator to help decide whether couples should file taxes jointly or as individuals.