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Obama Says Romney Needs to Be an ‘Open Book’

Obama Says Romney Needs to Be an ‘Open Book’

Chip Somodevilla/Getty Images(MANCHESTER, N.H.) — President Obama is personally calling on Mitt Romney to release more of his tax returns.In an interview Monday night with Manchester, N.H., ABC affiliate WMUR, Obama stressed the need for transparency …

Obama Campaign Renews Call on Romney to Release Tax Returns

Obama Campaign Renews Call on Romney to Release Tax Returns

Joe Raedle/Getty Images(WASHINGTON) — The Obama campaign is renewing calls on Mitt Romney to release more of his tax returns, saying a fuller disclosure is the only way to resolve questions about his secretive offshore finances, which Democrats have b…

Massachusetts Sen. Scott Brown Releases Six Years of Tax Returns

Massachusetts Sen. Scott Brown Releases Six Years of Tax Returns

Scott J. Ferrell/Congressional Quarterly/Getty Images(BOSTON) — Massachusetts Senator Scott Brown released six years of his tax returns on Friday, following through on a campaign taunt from his Democratic challenger Elizabeth Warren to release several…

Tax Day: Still Haven’t Filed Your Returns? Opt for an Extension

Tax Day: Still Haven’t Filed Your Returns? Opt for an Extension

iStockphoto/Thinkstock(NEW YORK) — Are you freaking out because you haven’t filed your taxes yet?Relax, says New York tax accountant Janice Hayman.  “Do yourself a favor and file the extension and then you can file your return once yo…

Seven Tax Deductions That Set Off Alarms

Seven Tax Deductions That Set Off Alarms

Comstock/Thinkstock(NEW YORK) — With only one day before the Internal Revenue Service’s April 17 deadline, here’s a look at a range of common and uncommon tax loopholes that, depending on your career, border on gray to you, but to auditors can come ac…

Obama’s 2011 Tax Returns Show 20.5% Rate; Romney Yet to Disclose

Obama’s 2011 Tax Returns Show 20.5% Rate; Romney Yet to Disclose

iStockphoto/Thinkstock(WASHINGTON) — President Obama paid an effective tax rate of 20.5 percent in 2011, according to tax returns he and first lady Michelle Obama released Friday. That makes the president’s tax rate lower than Warren Buffett&rsq…

10 Tips for Late Tax Filers

10 Tips for Late Tax Filers

iStockphoto/Thinkstock(NEW YORK) — With less than one week to go, the Internal Revenue Service’s April 17 tax deadline is quickly approaching.  But don’t fear — here are 10 last-minute tips to help you file accurately and get the maximum refund:…

Online Tax Prep: Is It Cheap and Safe?

Online Tax Prep: Is It Cheap and Safe?

iStockphoto/Thinkstock(NEW YORK) — Online tax tools — many offering free advice — can make filing your return this year a breeze.  But beware: People who file online should heed two cautions.First, the price you’ll pay to file for online tax pr…

Rick Santorum Paid Higher Tax Rate Than Mitt Romney In 2010

Rick Santorum Paid Higher Tax Rate Than Mitt Romney In 2010

Win McNamee/Getty Images(WASHINGTON) — Presidential candidate Rick Santorum, who frequently touts his humble roots as the grandson of a coal miner, earned an average of more than $900,000 each year between 2007 and 2010, according to the candidate&rsq…

Rick Santorum to Release Tax Returns

Rick Santorum to Release Tax Returns

Bill Clark/CQ Roll Call(NAPLES, Fla.) — Rick Santorum will follow Mitt Romney’s lead and unveil his tax returns, telling reporters Wednesday that he would head home over the weekend to gather and prepare his tax documents for release.“Fran…

Boehner Uses Romney’s Tax Returns to Attack Obama

Boehner Uses Romney’s Tax Returns to Attack Obama

Chris Maddaloni/CQ-Roll Call(WASHINGTON) — House Speaker John Boehner offered a show of support for Mitt Romney after the former Massachusetts governor released two years of tax returns Tuesday, and used the opportunity to attack President Obama.In re…

Mitt Romney Paid $3 Million in Taxes in 2010, Returns Show

Mitt Romney Paid $3 Million in Taxes in 2010, Returns Show

Joe Raedle/Getty Images(BOSTON) — Mitt Romney earned $21.7 million in 2010 and paid nearly $3 million in taxes — a tax rate of just under 14 percent — according to documents released by the former Massachusetts governor Tuesday morning.
Romney unvei…

Gingrich Releases Freddie Mac Contract, But Only for 2006

Gingrich Releases Freddie Mac Contract, But Only for 2006

Peter Foley/Bloomberg via Getty Images(ATLANTA) — Amid growing lobbying accusations from his opponents, Newt Gingrich released a 15-page contract Monday night his former company signed with Freddie Mac in 2006, covering his consulting services.Accordi…

Under Pressure, Romney Says He’ll Release Tax Returns Tuesday

Under Pressure, Romney Says He’ll Release Tax Returns Tuesday

Joe Raedle/Getty Images(WASHINGTON) — After days of stalling on questions about his tax returns and a drubbing in the South Carolina primary, Republican candidate Mitt Romney now says he will make his 2010 tax returns public this week.“I will re…

Gingrich Releases 2010 Tax Returns During SC Debate

Gingrich Releases 2010 Tax Returns During SC Debate

Kris Connor/Getty Images(WASHINGTON) — Newt Gingrich’s tax returns aren’t the flashiest or the most complicated, but the former House speaker pulled in quite a few dollars in 2010.Gingrich and his wife, Callista, made an adjusted gross inc…

Romney Says He’ll ‘Probably’ Release Multiple Years of Tax Returns

Romney Says He’ll ‘Probably’ Release Multiple Years of Tax Returns

EMMANUEL DUNAND/AFP/Getty Images(CHARLESTON, S.C.) — Mitt Romney suggested Thursday for the first time that he would “probably” release his tax returns not only from 2011 but from previous years as well, but garnered boos from the crowd wh…

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