Update Tax Relief for Hurricane Isaac

The Internal Revenue Service has announced tax relief for victims of Hurricane Isaac on September 5, 2012, and the IRS has updated the areas for tax relief on September 17, 2012.  More areas may obtain tax relief in the coming days as well. President Obama has declared the following parishes a federal disaster area: Ascension ...

Obama Calls for Tax Credits for Unemployed Veterans

Calling on all members of Congress to put the country ahead of politics, President Obama called for action to help unemployed and injured Veterans land jobs during the difficult economy.  This call comes in light of recent battles over the passage of a jobs bill to help American workers through the difficult employment market. Obama ...

Payroll Tax Cut May Not Be Extended

Republicans, who have already blocked much of President Obama's $447 billion jobs creation bill, may now be moving towards not extending the payroll tax cut as it expires at the end of the year.  Extension of the payroll tax cuts was a major part of the jobs creation bill which would not require additional direct spending.  Senator ...

France to Increase Tax, Cut Budget During Financial Difficulty

With the European financial crisis creating havoc among Euro Zone member's economy, France has been forced to re-tool their budget in light of an unbalanced budget.  President Nicolas Sarkozy has been forced to raise about $65 billion Euros over the next 5 years in order to fill the gap.  At the same time, France has had to cut their ...

Most Popular News