As Democrats push mandates for employer health insurance, will your taxes go up?

Taxpayers who need to make a change or adjustment on a return they already filed can do so by filing an amended return. Here are the top 10 things every taxpayer should know about amending your federal tax return.

According to Tax Foundation poll 2009 survey asks new questions on junk food taxes, state-run lotteries. Results show sharp divergence of opinions people saying income tax is too high and the tax code needs reform.

In what is perhaps a little silver lining in this cloud of recession, "Tax Freedom Day" will arrive early in 2009. The Tax Foundation, a nonpartisan tax research group, says that Americans will have to work 103 days in 2009 before they have enough earnings to cover their 2008 taxes. That puts "Tax Freedom Day" at this monday, April the 13th, 2009.

April 15 Is 1 Week Away And 27 Million Taxpayers Have Yet To File. If You're One Of Them, Here's Some Tax Tips.

The memories of 2008 are still fresh in our minds-companies and banks collapsing at a rates only witnessed during the great economic depression. Those who hoped for 2009 to usher in better economic news were “slapped” in the face when the US labor department recently released figures showing the biggest Job loss in years. Even with this horrid news, politicians and some economists believe that “things” will soon return to normal.

An organization called Tax Day Tea Party is getting ready to stage a national tea party on April 15 income tax return day, protesting what day call the "out of control government spending."

As the United States awaits to see how President-elect Obama implements his campaign promise to increase the tax burden on those earning more than $250,000 per year, KPMG has released a new study (Individual Income Tax Rate Survey 2008) documenting a downward trend in the highest tax rates in 87 countries over the past six years, from 31.3% in 2003 to 28.8% in 2008:

Paul L. Caron, who is the Associate Dean of Faculty at the University of Cincinnati College of Law, presents 15 Tax Professors, who offer their thoughts on tax cut policy in the new Obama-Biden Administration. How will your business and income tax possibly look like under Barack Obama's administration.

The latest Real Clear Politics national poll gives Obama a 7.8 lead, and Greg Mankiw (Harvard University, Department of Economics) questions why the current Intrade market places a two-thirds probability on an increase in marginal tax rates in 2009:

The 2008 federal "Tax Day" is Tuesday, April 15, prompting procrastinators to cram in order to make the tax deadline. However, taxpayers can file IRS extension forms before tax deadline.