IRS Tax Support

For some prospective home buyers in Southern California, the effect of the U.S. mortgage crisis has been to keep them on the sidelines of the home market, wary of stepping in for fear prices will fall further.
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Sheila Hill, 35, is no closer to making a down payment on [...]

Officials from the Federal Reserve on Saturday warned of dangers from a rising tide of trade disputes and the harmful impact on what one otherwise termed a “resilient” United States economy.
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Three regional Fed presidents steered clear of current economic or monetary policy topics at a panel discussion on [...]

Fallout from the subprime lending crisis is pushing up rates on some large loans. If you’re taking on debt greater than a certain size to buy or refinance, you’ll feel the sting.One reason rates are rising is because of a retreat by major lenders.

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On Thursday, troubled Countrywide Financial [...]

You’re probably much more interested in baseball or your blooming tulips right now than in revisiting your taxes. In fact, I’m sure you haven’t given them a second thought since you hit the “send” button on your computer or walked out of the post office. But take a few minutes away from the television or [...]

Federal Reserve Finds Banks Tightening Standards on Subprime Mortgages
A majority of the nation’s banks have tightened lending standards on subprime mortgages, the Federal Reserve said Monday in a survey that provided further evidence of the spreading problems in mortgage lending.
The Fed said it found that 56.3 percent of banks responding to a survey reported that [...]

President Bush vowed Wednesday to oppose any effort by Congressional Democrats to raise taxes when they return from their summer recess next month.”I’m an optimistic person. I’ll be less optimistic if Congress has its way and raises taxes on the American people,” Bush said.
He said his first-term tax cuts have kept the economy growing. He [...]

Property taxes will continue to be the mainstay of Tennessee’s local government finances “for the somewhat obvious reason that there are no obvious replacements for it,” according to a new research paper released by the Tennessee Advisory Commission on Intergovernmental Relations (TACIR).
“This is especially true in Tennessee where the combined state and local sales tax [...]

When he ran for the 2004 Democratic presidential nomination, John Edwards, who had gained fame as one of the nation’s most successful trial lawyers, was the darling of many in the legal community, which opened its checkbooks and poured money into his campaign.

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