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Business - Taxes and Tax Season

House votes for faster tax breaks for Chile gifts (AP)

AP - The House has passed a bill that would allow taxpayers to write off charitable donations to Chile earthquake relief efforts when they file their 2009 taxes this spring.

Senate to pass jobless aid, business tax breaks (AP)

AP - Legislation blending help for the jobless with popular tax breaks for businesses and individuals is slated to pass the Senate Wednesday over protests from conservatives who say it adds too much to the $12.5 trillion national debt.

Highlights of Senate jobless aid bill (AP)

AP - Highlights of Senate legislation extending unemployment insurance and expired tax breaks:

Kan. mulling new soda tax, raising other levies (AP)

AP - Kansas would impose a new tax on soda — a penny for every teaspoon of sugar — under a proposal that a key legislator outlined Tuesday while lawmakers considered raising taxes to erase a projected budget shortfall.

IRS eases rules on tax settlements (AP)

AP - As tax day approaches, the Internal Revenue Service is giving agents more flexibility to work with taxpayers who have seen their incomes drop during the recession.

Amazon cuts off Colo. affiliates because of tax (AP)

A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008 file photo. REUTERS/Rick WilkingAP - Amazon.com Inc. cut ties Monday with Colorado online businesses that help it sell products because of a new state law aimed at getting out-of-state, online retailers to collect sales tax.

Shows with gays could lose Florida tax credit (AFP)

An student attends a protest rally in Westwood, California in 2009. Florida lawmakers are considering a AFP - Florida lawmakers are considering a "family friendly" bill that would deny tax credits to films and television shows with gay characters in favour of those promoting traditional values.

Portugal's Socrates defends austerity plan (AFP)

Big business and the rich will bear the brunt of Portugal's new austerity programme, the country's socialist prime minster, Jose Socrates (pictured), said as his government announced spending cuts and select tax rises.(AFP/File/Joao Cortesao)AFP - Big business and the rich will bear the brunt of Portugal's new austerity programme, the country's socialist prime minster said as his government announced spending cuts and select tax rises.

School drink deal cuts sugar (Reuters)

Reuters - A deal to sell healthier drinks in U.S. schools has slashed the amount of fattening beverages offered to students, former President Bill Clinton said on Monday as New York leaders pushed for a soda tax to tackle obesity and budget shortfalls.

Summary Box: Avoiding fraud artists in tax season (AP)

AP - ON ALERT: In tax season, online criminals often send phony e-mails that claim to be from the Internal Revenue Service.

Is 2010 the Year of Avoiding Taxes? (U.S. News & World Report)

U.S. News & World Report - In a speech last May, President Obama said, "Nobody likes paying taxes . . . . And yet, even as most American citizens and businesses meet these responsibilities, there are others who are shirking theirs." He was referring to offshore tax havens and other loopholes that wealthy Americans often exploit to reduce their tax burden. But it doesn't take moving money to Switzerland to avoid paying taxes. If history is any guide, 2010 will be a year in which many Americans use a few simple methods to reduce their tax liability, which could potentially cost the government billions of dollars.

Portugal adds austerity measures (AP)

People try to enter a tax office in Lisbon closed due to a civil servants national strike Wednesday, March 4, 2010. Portuguese civil servants' unions called a strike to protest against a planned pay freeze that is part of the government's debt-reducing austerity plan. (AP Photo/Francisco Seco)AP - Portugal announced new austerity measures Monday to avoid a debt crisis like the one engulfing Greece, cutting welfare benefits and government hiring as well as selling assets and raising taxes on the well-off.

Tax season bringing out the fraud artists (AP)

AP - How do you know that the sender of an e-mail that has landed in your inbox is trying to steal your money or your identity? The message comes right out and asks for it.

Greece relieved at EU backing, but strikes grow (AP)

Sanitary workers protest outside Greece's General Accountants office against government austerity measures in central Athens March 10, 2010. The Greek economy is set to shrink by more than previously feared, the government warned as it braced for a nationwide strike on Thursday against efforts to tame the country's budget deficit. REUTERS/Yiorgos Karahalis (GREECE - Tags: CIVIL UNREST POLITICS BUSINESS)AP - Greek officials expressed relief Monday at European support over the country's debt crisis, but labor unions stepped up strikes, angry at recent wage cuts and sales tax increases they say will hurt the poor.

Portugal austerity plan has no wage cuts, tax hikes: reports (Reuters)

Reuters - Portugal's long-term budget austerity plan encompasses spending cuts via reducing tax breaks and containing public sector wages, but entails no Greece-style wage cuts or tax hikes, local media said on Sunday.

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