US Economy

Unemployment Taxes Will Rise in 2010

Businesses hit hard by the recession during the past two years are in for the tax system's version of a follow-up sucker punch in 2010. In 35 states, the rate [...]

IRS Announces 2010 Standard Mileage Rates

WASHINGTON — The Internal Revenue Service today issued the 2010 optional standard mileage rates used to calculate the deductible costs of operating an [...]

Democrats Target High Earners to Help Fund Health Plan

Sept 3rd 2009WASHINGTON -- Senate Democrats are revisiting proposals to raise taxes on high-income people to help pay for an overhaul of the health-care [...]

New Budget and its impact on you!

Government's New Budget Bursting with Tax Changes In February, the president announced his $3.6 trillion budget for the 2010 fiscal year for the federal [...]

SBA Expands Eligibility for Small Business Loans

May 18, 2009 –More small businesses will be eligible for U.S. Small Business Administration-backed loans, meaning greater access to much-needed capital in [...]

Prepared Remarks of Doug Shulman, Commissioner of Internal Revenue, Before the National Press Club

April 13, 2009 Thank you for that warm introduction and welcome. It’s a great honor to be delivering this speech before such a distinguished [...]

Recovery hopes begin to blossom

A growing number of economists say they see signs that the battered U.S. economy could start to recover as soon as this summer. By Chris Isidore, CNNMoney.com [...]

BBB Warning- Grant Companies Exploit Confusion over Stimulus Bill to Rip Off Consumers

Grant Companies Exploit Confusion over Stimulus Bill to Rip Off Consumers, Warns BBB Better Business Bureau is warning the public to be extremely wary of [...]

U.S. Corporations Are Major Contributors to U.S. Tax Revenues

U.S. Corporations Are Major Contributors to U.S. Tax Revenues Business Wire via NewsEdge : Business Editors WASHINGTON--(BUSINESS WIRE)--February 25, [...]

Forecasters: Economy worse in '09, better in '10

Forecasters: Economy worse in '09, better in '10 WASHINGTON_Brace yourself: The recession is projected to worsen this year. The country stands to lose a [...]