Refunds don't always help lower-income taxpayers

Getting a tax refund from the federal government at the end of the year may not always be the best option for lower-income populations, according to the research from Harris School economist Damon Jones.

Wisconsin Poverty Report shows anti-poverty programs worked

The third Wisconsin Poverty Report released today (Wednesday, May 4), shows that expanded tax credits and food assistance programs helped shield the state's poorest residents from the worst effects of the recession.

Meet the family with both a Chevy Volt and a Nissan Leaf

The Chevy Volt and the Nissan Leaf are slowly putting cars on the road, mostly in California, as the companies ramp up production and start delivering to their patient customers. GM handed out 281 Volts in February (928 ...

IRS issues new phone app to track refunds

(AP) -- For people who just can't enough of the Internal Revenue Service, the federal tax collection agency is coming out with a new phone app.

Early income-tax filing not the best deal

The early bird doesn't always get the worm. Moreover, said a consumer-finance expert in Penn State's College of Agricultural Sciences, being in a hurry to file your federal income tax forms in pursuit of a quick refund isn't ...

Obamas Paid Too Much in Taxes, Says Tax Expert

(PhysOrg.com) -- President Barack Obama and first lady Michelle Obama paid too much in taxes last year compared with their peers in the same income group, says Dorothy Brown, professor of tax law at Emory University School ...

Checklist for going solar

With the sun setting before 5 p.m., solar power may be the last thing on your mind these days. But declining panel prices ans a federal tax credit make now a good time to at least investigate whether solar power might make ...

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