A growing number of inventors are patenting strategies that could save you money on your taxes. And if you use one without permission? Well, that's called patent infringement. Janet Babin reports.
A few years back, many state coffers were bare. When budgets had to be slashed, arts funding was one of the biggest casualties. Now that money is coming back — and it has everything to do with local economics.
Economist and commentator Susan Lee says dumping the Alternative Minimum Tax is a mistake. She argues we'd be much better off embracing the tax everyone loves to hate and making it universal.
From beard taxes to yachts, history teaches that you never can tell how people will respond when you find a new way to tax them. Except that some of them will find some way to avoid paying it.
It's a family business that only Uncle Sam could love. Ashley Milne-Tyte takes us to Queens, New York, where three generations of tax accountants prepare for April under the same roof.
Lawmakers meet on Capitol Hill on Thursday to search for an alternative to the alternative minimum tax. Getting rid of it won't be easy. The federal treasury depends on it. Bob Moon reports.
IRS Commissioner Mark Everson went to Capitol Hill today to explain what the IRS is doing to collect more than $345 billion that taxpayers owe but it can't seem to find. Hillary Wicai reports.
China has a new corporate tax law for foreigners who want to do business there. Scott Tong went to Hunan Province, where business people say it's about time.
Billions of dollars in tax deductions may slip by filers this year because of a few omitted lines on 2006 tax forms. They were already at the printers by the time Congress extended the missing deductions.
