Business - Taxes and Tax Season

WASHINGTON - President Barack Obama's proposed tax breaks for business sound like ideas that have enjoyed broad Republican backing in the past. But in today's toxic political atmosphere, he's unlikely to get much — if any — GOP help. Full Story »

NEW MOVES TO AID ECONOMY: President Barack Obama will call on Congress to pass new tax breaks for businesses, a move aimed at spurring more economic growth and job creation. Full Story »

WASHINGTON (Reuters) - Tax cuts should be extended for all Americans to help spur the economy, but even the middle-class cuts should end in two years, former U.S. budget director Peter Orszag said on Tuesday. Full Story »

BRUSSELS (AFP) - Much-vaunted EU plans to tax banks skidded into trouble after moves to clamp down on big-spending governments also hit buffers despite broad agreement on Tuesday to regulate the financial sector. Full Story »

NEW YORK - An imam who has become the public face of a proposed Islamic community center and mosque near ground zero has returned to the United States following a taxpayer-funded tour of the Middle East, his wife said Monday. Full Story »

BRUSSELS (Reuters) - European Union finance ministers agreed on Tuesday to a sweeping overhaul of how the bloc's financial industry is policed, but remained locked in dispute over the taxation of banking and trading. Full Story »

NEW YORK - President Obama's announcement today about business tax breaks, following yesterday's $50 billion infrastructure plan, shows he finally understands that his administration, not the Fed, must end this downturn. Reboot America manifesto signer Marshall Auerback on how Obama has figured out the folly of interest-rate policy as economic elixir. Plus, join in with over 150 economists and historians who have pledged to get America back to work. Full Story »

WASHINGTON (Reuters) - Republicans in the Congress showed little willingness to help President Barack Obama approve $350 billion worth of measures to boost the economy with midterm elections less than two months away. Full Story »

WASHINGTON (AFP) - President Barack Obama will call for a 100-billion-dollar business tax credit this week to boost the sagging US economic recovery, The Washington Post reported. Full Story »

Leading voices in both parties sparred Sunday over the state of the economy and the role that Bush tax cuts should play in the recovery. Full Story »

WASHINGTON - Seeking ways to spur economic growth ahead of the November elections, President Barack Obama will ask Congress to increase and permanently extend research and development tax credits for businesses, a White House official said Sunday. Full Story »

WASHINGTON (AFP) - US lawmakers returning from summer recess face a conundrum on tax cuts set to expire at the end of this year, with the economy seemingly sputtering ahead of looming congressional elections. Full Story »

SYDNEY (Reuters) - Actor Paul Hogan, star of the "Crocodile Dundee" movies, has struck a deal with Australia's tax office which will allow him to return home to his family in Los Angeles, his lawyer said on Friday. Full Story »

No: Tax relief for the wealthy is bad stimulus The Bush tax cuts, which cost $1.7 trillion between 2001 and 2008, are set to expire at year’s end, posing several critical questions: Which tax cuts should be extended and for whom? Will permanent cuts boost the economy? Full Story »

Nearly three years after the recession began, President Obama wants to pass a jobs bill. It's not his first jobs bill, but the others--including the big $800 stimulus plan from 2009--haven't quite done the trick. So Obama is pushing for new tax breaks and cheap, government-backed loans for small businesses, with the hope that easier credit and a bit more take-home pay will spur them to hire more workers. Full Story »

WASHINGTON - Obama calls anew for Congress to pass legislation providing tax relief for small businesses. Full Story »

SYDNEY - Actor Paul Hogan, star of the "Crocodile Dundee" movie trilogy, has been cleared to return home to the United States after he was barred last month from leaving Australia because of a disputed tax bill, his lawyer said Friday. Full Story »

WASHINGTON - Congress seems increasingly reluctant to let taxes go up, even on wealthier Americans. Full Story »