Taxes
  • Corporations "Check the Box" to Save Billions in Taxes

    By Reuters

    The story of the 'check the box' loophole, which allows U.S. companies to choose for themselves how to classify their subsidiaries for tax purposes, and a companion policy known as the 'look-through...

  • 7 Bachmann Bombshells You Won't Forget

    By Brianna Ehley, The Fiscal Times

    In the wake of Michele Bachmann's announcement that she won't seek reelection to Congress next year, The Fiscal Times looks at some of her more memorable statements over the years, which any of her...

  • 10 Things You Don’t Know About Obama’s New Econ Guru

    By Josh Boak, The Fiscal Times

    President Obama has a new top economic adviser—Jason Furman, a Harvard PhD whose links to the administration stretch back to the 2008 presidential campaign, making him one of the president’s longest...

  • IRS Finally Makes a Smart Move by Closing for a Day

    By Brianna Ehley, The Fiscal Times

    The embattled Internal Revenue Service was among four agencies that furloughed its employees today as part of the budget sequester. Taken together, the furloughed workers who were ordered to stay...

  • IRS’s Lerner Placed on Paid Administrative Leave

    By Ed Okeefe and Juliet Eilperin, The Washington Post

    The Internal Revenue Service official responsible for the office that targeted certain organizations seeking tax-exempt status was placed on paid administrative leave Thursday, making her the second...