Tax News Archives

So how much are you willing to give, voluntarily, to help the state out of its financial hole? You may get a chance: Legislation introduced for the upcoming session seeks to create an "I Didn't Pay Enough'' fund where Arizonans, on their income tax forms, would be able to make a donation to the state above and beyond what they owe.

The state of Mississippi will discontinue the mailing out of income tax forms to taxpayers.

Bill Sizemore Indicted For Tax Evasion 12:00 PM November 30th, 2009 by Nigel Jaquiss News / courts A week after he announced he would seek the 2010 GOP gubernatiorial nomination, Bill Sizemore was indicted today on charges that he failed to file income tax returns.

Sometimes you have to spend money to make money. This year, you may want to spend money to save money.

The Liberal Democrats are to double the rate of their controversial 'mansion tax' but impose it on fewer properties, the party announced today in a damage limitation exercise.

The South African Revenue Service received a record four million tax returns for individuals and trusts during the 2009 tax season.

The Internal Revenue Service is looking for nearly 3,600 Illinoisans - but not for the reasons they probably think.

The Internal Revenue Service today issued proposed regulations [ http://www.irs.gov/pub/irs-news/reg-139255-08.pdf ] under a new statute requiring that, starting with transactions in calendar year 2011, the gross amount of payment card and third-party network transactions be reported annually to participating merchants and the IRS.

Charlton Police say driver readily admits to having pot CHARLTON - A North Grosvenordale man stopped by police for speeding on Route 20, and whose car had the 'odor of fresh marijuana,' readily admitted to police he had a pound of marijuana in his Pontiac Sunfire, and more in his pants.

Ohio Supreme Court Chief Justice Thomas J. Moyer faces mandatory retirement in 13 months.

It turns out, one area woman is getting a tax refund check this year -- even if it is a little late.

Since it's nearly December, let's review a few year-end planning ideas, with more to come next week.

Sen. John A. Carey Jr. The Republican chairman of the Senate Finance Committee says he is willing to support the governor's plan to fix an $851 million budget shortfall, with a few amendments.

Caption: Ving Rhames and Wife 'I Now Pronounce You Chuck & Larry' World Premiere at the Gibson Amphitheatre and Citywalk Cinemas Universal City, California .... Actor VING RHAMES has been hit with a lawsuit from U.S. tax officials after allegedly running up debts of almost $500,000 . The Pulp Fiction star and his wife, Deborah, are accused of ...

Published: Friday, November 27, 2009 at 5:11 a.m. Last Modified: Friday, November 27, 2009 at 5:11 a.m. Bradley C. Birkenfeld was sentenced to 40 months in prison for helping rich Americans dodge their taxes.

Schwarzenegger didn't campaign on the promise of "No New Taxes!" And evidently, he didn't campaign on paying his old ones either.

By playing the video game Rock Band for an hour, Kansas State University students were able to help a pair of psychology professors with their research to understand how people can achieve flow while at work or while performing skilled tasks.

New Democrats accused Dalton McGuinty of being a bad Santa for gifting Ontario the Harmonized Sales Tax yesterday but the government countered the NDP would be the Grinch if they blocked the tax cuts packaged with the HST.

A celebrity Web site has posted an IRS document showing Gov. Arnold Schwarzenegger owes $79,000 in back taxes, but a spokesman says the governor has paid all taxes.

Actor George Clooney attends the 'Up In The Air' Photocall during Day 3 of the 4th International Rome Film Festival held at the Auditorium Parco della Musica on October 17, 2009 in Rome, Italy.

The SA Revenue Service said on Friday that it had received a record number of returns for the 2009 tax season.

An Osage Beach couple were sentenced Tuesday to federal prison sentences for tax evasion by U.S. District Court Judge Marcia S. Krieger, U.S. Attorney David M. Gaouette and IRS Criminal Investigation Denver Field Office Special Agent in Charge Christopher M. Sigerson.

The Internal Revenue Service wants to find 41 Virgin Islands taxpayers and give them what they deserve - a check.

Jeffrey H. Sloman, Acting United States Attorney for the Southern District of Florida, Daniel W. Auer, Special Agent in Charge, Internal Revenue Service, Criminal Investigation Division, and John V. Gillies, Special Agent in Charge, Federal Bureau of Investigation, Miami Field Office, announced that defendant Timothy Huff was arraigned today before ...

A Lake in the Hills man was sentenced Wednesday to serve a year in prison for fudging his income to help his son get more financial assistance at Drake University.

Crackdown: Local Government Minister Barbara Follett will ask councils to justify tax rises of more than 3 per cent Council tax bills should not go up by more than 3 per cent, ministers told town halls today as Whitehall determined the cash local councils will get next year.

According to four years worth of tax returns, Illinois Treasurer and Democratic senatorial contender Alexi Giannoulias has made millions of dollars from his family's community bank since his election in 2006 - much of it from payouts related to his father's death But the returns also show that Giannoulias' gross income dropped precipitously last ...

Harrisburg, Pa. - Dauphin County's proposed 2010 budget was made public Wednesday.

The former Information Technology manager for School Sisters of Notre Dame pled guilty to defrauding his former employer of more than $510,000 and failing to report money as income on his tax returns, according to U.S. Attorney Michael Reap.

Nearly $120,000 in unclaimed tax refunds are waiting for 42 taxpayers from Lorain County, according to the Internal Revenue Service.

To read this article in full you must have registered and have a Premium Content Subscription with the Press Association site.

Corporate clients will likely be approaching their next audit with extra care. The reason: A recent federal appeals court decision has made it clear that information previously viewed as private under the "work-product doctrine" may no longer be protected.

County Board supervisors will meet at 6 p.m. Monday and possibly override a partial veto by County Executive Bob Ziegelbauer of the 2010 budget.

A new law that went into effect Nov. 6 extends the first-time homebuyer credit five months and expands the eligibility requirements for purchasers.

Shortfall: 'We can't do it all in cuts' BRAD SHANNON; The Olympian Published November 23, 2009 Comments Photos If state lawmakers want to raise taxes to plug a growing shortfall, they always have options - provided they have the votes.

LANSING - State Rep. Alma Wheeler Smith, D-South Lyon, is scheduled to announce Tuesday a proposal for a massive restructuring of Michigan's tax system that would provide more revenue for schools, health care, public safety and welfare programs.

PLYMOUTH taxpayers are having to help bail out the police pension fund of officers in the force area to the tune of 13million a year, it has been revealed.

For those who have been employers in Russia, it is common knowledge that pregnant women and young mothers are the most protected of all groups under the Labor Code.

The Republican Party is staking its future on people like Sarah Palin for commonsense solutions to our nation's problems.

Schoolteacher Kinzi Blair makes only $46,000 a year, but she has what many would consider a "Cadillac" health plan, now targeted for a big tax increase by health reformers.

At this point, there should be little doubt that there is a concerted attempt underway to use the war in Afghanistan as a justification for punitively taxing high earners.

MILWAUKEE - The Internal Revenue Service is looking for 971 Wisconsin taxpayers - seven in Fond du Lac County - who have refund checks waiting for them totaling $858,206 that were returned to the IRS as undeliverable.

No reason to sugarcoat the obvious: Senate Republicans look foolish in their handling of the state budget crisis.

As we dash into the year-end holiday crush, many parents aren't likely to want to sit down and review the investments in the 529 college savings plans for their children.

Most businesses may use losses incurred during the economic downturn to reduce income from prior tax years, under a revenue procedure [ http://www.irs.gov/pub/irs-drop/rp-09-52.pdf ] issued today by the Internal Revenue Service.

Iowa educators should expect scaled-back budgets for the foreseeable future, with little hope of increased tax revenue, Gov.

Two Adams brothers are on three years probation and each have to pay more than $60,000 in restitution for defrauding the Internal Revenue Service by hiding their incomes and avoiding taxes on their home renovation business over the course of four years.

Senate Democrats' health care bill would create a new marriage penalty by imposing a tax on individuals who make $200,000 annually but hitting married couples making just $50,000 more.

Michael L. Halfman, 58, Wichita, Kan., has been sentenced to six months imprisonment followed by two years of supervised release including six months of home detention for embezzling more than $335,000 from the pharmacy he managed, U.S. Attorney Lanny Welch said today.

California resident J.D. won over $50,000 playing video poker online this year. Wow! She couldn't do that well in Las Vegas, and at home she can play anytime without having to drive for hours.

Wesley Snipes has appealed his three-year prison sentence on U.S. federal tax charges - insisting the term is "unreasonable." The Blade: Trinity star was convicted in 2008 of three misdemeanor counts of willful failure to file his income tax return.

A spokeswoman for Wisconsin Senate Majority Leader Russ Decker says talks are ongoing but Decker is committed to calling the Senate into session if a deal can be reached.

Now that unemployment has topped 10 percent, some liberal-leaning economists see confirmation of their warnings that the $787 billion stimulus package President Obama signed into law last February was way too small.

Higher-income Americans should be taxed to pay for more troops sent to Afghanistan and NATO should provide half of the new soldiers, said Carl Levin , chairman of the Senate Armed Services Committee .

Ohio Senate Republicans rolled out their plan to fill an $851 million hole in the current state budget Wednesday, but Senate Democrats immediately shot it down.

The Internal Revenue Service is looking for taxpayers who are due $123.5 million in 107,831 refund checks that were returned to the IRS by the U.S. Postal Service due to mailing address errors.

West Virginia's tax modernization project is back on, but that doesn't mean businesses and individuals should necessarily expect lower taxes in the near future.

Actor Wesley Snipes is set to ask a federal appeals panel to overturn his three federal tax convictions.

EAST LANSING -- Gov. Jennifer Granholm stepped up her campaign Wednesday to put public pressure on the Senate -- especially Senate Republicans -- to restore the Michigan Promise Scholarship program, which was eliminated in the new state budget.

Joe Francis, CEO of the company that produces the racy 'Girls Gone Wild' video series, is in trouble with the IRS again only weeks after a judge sentenced him to time served for tax evasion charges.

The health care overhaul debate in Congress now centers on two bills: the measure that the House of Representatives passed earlier this month, and the new Senate Democrats' version unveiled Wednesday.

More than 314,000 taxpayers made inaccurate claims for a popular tax credit that helps pay college expenses, getting $532 million they weren't entitled to receive, a government report said Thursday.

Scott Bendett poses at his Habana Premium Cigar Shoppe in Albany on Monday with packages of pipe tobacco.

COLUMBUS -- Ohio lawmakers once again were deadlocked on how to fix Ohio's budget Wednesday, as a Senate Republican proposal blending most of Gov.

Two months before the 2010 Legislature, the session's bitter tenor is already set: Public education is almost certain to be slashed for a second year and some state agencies now scrimping to get by could be eliminated altogether.

It was revealed in papers filed by the Internal Revenue Service that pop star Aaron Carter owes more than $1 million in back taxes.

By JUDY LIN California will face a nearly $21 billion budget gap over the next year and a half, extending a fiscal crisis that already has led to steep cuts to public schools, social services and health programs, a state analyst said Wednesday.The projected deficit amounts to nearly a quarter of the state's $84.6 billion general fund budget.In his ...

Nearly three dozen tax increase proposals to help New Mexico cope with a budget shortfall are under consideration by a task force formed by Gov.

The scam: We certainly hope that readers by now recognize the signs of typical get-your-money-quick scams, like the ever-present IRS tax rebate e-mail. This one has been around for quite some time -- and probably will never go away -- but it's been dressed up in some snazzy clothes.

Nicolas Cage's former business manager has filed a countersuit against the actor, accusing him of squandering his fortune.

A Dickinson construction materials company ignored years of Internal Revenue Service warnings before the corporation and its executives were indicted for tax fraud, a federal judge said Tuesday.

Entertainment Tonight Headlines 'Dancing with the Stars' Celeb Aaron Carter Owes Govt.

WLYH CW15 is proud to air Educational and Informational programming for children.

More than 14,700 U.S. taxpayers came forward to disclose billions in offshore bank accounts in 70 countries under a voluntary Internal Revenue Service program allowing most to avoid criminal prosecution as long as they pay what they owe, IRS officials said today.

Jonathan Skaggs and wife Kelly Colchin recently bought their first house, in Oakland, taking advantage of the first homebuyer credit.

Article:Shifting mobile cost to employees? Think twice:/g/a/2009/11/16/urnidgns852573C40069388000257670005ABEE8.DTL Article:Shifting mobile cost to employees? Think twice:/g/a/2009/11/16/urnidgns852573C40069388000257670005ABEE8.DTL 08:40 PST -- I've noticed a disturbing anecdotal trend in talking to enterprise customers lately, and some recent IDC ...

Magdalit Ramirez and Rogaciano Ramirez-Diaz were sentenced on Monday. They are among seven immigrants charged with using fake Texas driver's licenses in the names of legal workers whose refund checks were stolen.

RISMEDIA, November 17, 2009a ' a 'Year-end tax planning this year will be different from years past, largely because of the recession.

More than 15 million taxpayers could unexpectedly owe taxes when they file their federal returns next spring because the government was too generous with their new Making Work Pay tax credit.

The harmonized sales tax, which will increase the cost of such things as heating fuel and hydro bills, amounts to a 'tax grab,' opposition parties say.

Do you need a new car but worry about making a big-ticket purchase during tough times? Switch gears and get that new vehicle, says Laurie Asch, Senior Tax Analyst for the Tax & Accounting business of Thomson Reuters.

Zsa Zsa Gabor is in debt to the tune of $100K, according to lawyers who filed a massive lien for the actress several years ago.

Statehouse antics this week could determine if Ohioans can keep looking to the state Senate for some Columbus leadership -- or should expect cheap-shot politicking until the 2010 election.

Your real estate agent isn't returning your calls, your bank wants your income tax returns for the last 15 years, and you're getting some weird vibes from the people who live next door to the house you're trying to buy.

The Government is listening to concerns over plans to scrap tax relief on childcare vouchers and an announcement will be made next month, Children's Secretary Ed Balls said.

Red Mass Group blogger Garrett Quinn told me on Monday that he was 5 years old when the Berlin Wall came down.

SALT LAKE CITY - There's an internet scam going around. It's the latest in phishing scams.

Take a close, hard look at the new $6,500 federal tax credit for so-called "move up" homebuyers that passed the Senate and House this month.

The 'cash for clunkers' program for new cars may have ended, but the Internal Revenue Service wants to remind taxpayers that many people might overlook another special break available.

Swiss bank UBS may hand over only a small amount of bank data as part of a U.S. settlement because the Internal Revenue Service has succeeded in cracking down on tax evaders, a radio station reported.

After a year of spending cuts that cost hundreds of city jobs and a number of public services, the 2010 budget Mayor Mike Coleman unveiled Friday is a move toward business as usual thanks in no small part to the income-tax hike voters approved in August.

Zsa Zsa Gabor's lawyer blames convicted swindler Bernard Madoff for a hefty tax bill owed by his client.

Nov. 13 -- Asher Rubinstein, a partner at Rubinstein & Rubinstein talks with Bloomberg's Mark Crumpton and Lori Rothman about the Internal Revenue Service's effort to identify U.S. tax evaders in Hong Kong.

The Internal Revenue Service is looking for Minnesota taxpayers who are due to receive a combined $1.3 million in the form of 1,290 federal refund checks that were returned to the IRS by the U.S. Postal Service with mailing address errors.

Police are warning people to be on their guard after fraudsters tried to con a Stroud woman out of her cash.

NO WONDER Britain is lumbered with an enormous welfare-dependent underclass. With benefit levels of 15,000 and even 20,000 a year on offer, it is simply not worth the while of many people to work, particularly those with few qualifications or skills.

Over the past few months I've visited with thousands of Oklahomans who are concerned about how the health care reform bills moving through Congress will affect their lives and their families' lives.A Politicians in Washington have talked a good game about pursuing common reform goals, such as reducing costs and improving access and quality.A ...

For decades, people planned for retirement anticipating that they would face lower taxes than they paid while working -- but that's no longer a sure thing.

A Northwest Side Chicago Fire Department firefighter has been charged with allegedly forging his ex-wife's signature on an Internal Revenue Service tax return and refund check of more than $13,000. Osmar R. Orozco, 42, of the 7700 block of West Clarence Avenue, was charged with one count of felony theft and two counts of felony forgery, according ...

Federal agents investigating a prominent Florida lawyer suspected of running an elaborate Ponzi scheme said on Thursday the amount involved could exceed $1 billion, and they asked bilked investors to come forward.

Virginia officials looking for a way to balance the recession-wracked budget could free up cash by delaying or junking some tax breaks, according to a study out Sunday morning.

DMXa TMs troubles with the IRS recently hit the Internet, revealing the rapper owes over $1.5 million dollars in back taxes.

Taxpayers in the Carolinas e-filed a record 4.3 million federal income tax returns during 2009 for tax year 2008.

A federal jury today convicted developer James Botti of trying to hide cash transactions from the Internal Revenue Service in the first of two trials that are expected to focus on corrupt payments made to expedite construction projects in the fast-growing Naugatuck Valley city of Shelton.

There will be no extension to the November 20 tax season deadline, the SA Revenue Service says.

"This is the biggest day for the company so far," says Brammo founder Craig Bramscher , "we've gone from early adopter to mainstream transportation." The Brammo Enertia powercycle has dropped its price from $11,995 to $7,995 . Additionally, financing is now available from four west coast Best Buy outlets, which means you can ride off on the zero ...

Former Tupelo attorney William Catledge has been sentenced to 35 months in prison for tax and mail fraud.

Gov. Chet Culver's office took a close interest in the state's film promotion efforts long before questions about spending and bookkeeping prompted the governor to freeze the program, e-mails obtained by the Associated Press indicate.

But before looking too far down the road, you may want to consider actions to take this year to trim your tax bill.

A list of some of the state tax exemptions, credits and deductions approved by lawmakers and the Oklahoma Tax Commission's estimate of their cost: -Livestock purchased outside Oklahoma and brought into the state for feeding or breeding purposes, and which is later resold, $48 million.

Wall Street is doing to America what private equity firms did to Simmons Bedding and many other productive companies.

Ohio legislative leaders have received scores of e-mails from Ohioans who have been told by a conservative anti-tax group that a proposal to delay planned income tax reductions is a "retroactive tax increase." Another driving force behind constituent feedback on the proposal is school districts and mental health providers.

According to the Internal Revenue Service , 61 Cumberland County residents have yet to claim their share of undelivered refund checks, mainly due to mailing address errors.

Indiana taxpayers filed a record 2.2 million electronic federal tax returns this year.

The Internal Revenue Service has 3,237 refund checks for Arizona taxpayers worth more than $3.8 million.

Federal agents are seizing assets from a Florida lawyer suspected of orchestrating a multimillion-dollar fraud scheme.

Oklahoma gives away billions of dollars in tax revenue through hundreds of exemptions, credits and deductions that some lawmakers say the state may no longer be able to afford as it slips deeper into a revenue shortfall.

A government report that the U.S. unemployment rate hit a 26-year high of 10.2 percent last month sparked political clashes between Democrats who supported government spending to stimulate the economy and Republicans who want tax cuts.

Last week California workers started making bigger interest-free loans to the state government.

Facts How to apply for homebuyer tax credit The Senate has voted to extend and expand a popular tax credit for homebuyers that was scheduled to expire Nov.

Published: Sunday, November 8, 2009 at 12:01 p.m. Last Modified: Sunday, November 8, 2009 at 12:01 p.m. The Internal Revenue Service is trying to deliver $1.85 million to Alabamians that it can't locate.

In the midst of the holiday hustle and bustle, try to carve out a few moments for some year-end financial housekeeping.

Share + Nov 6, 2009 8:38 pm US/Central PITTSBURGH 1 of 1 Lately people have been worried about H1N1 flu and when scam artists see that worry, they also see an opportunity to get your cash.

Senator Sherrod Brown announced Friday nearly 2,500 Ohioans have unclaimed tax refunds.

The Internal Revenue service says it has more than $3 million in undeliverable tax refunds to return to New Mexicans.

The full field of Republican candidates for Illinois governor faced off for the first time Thursday in a bloodless debate that focused more on their similarities than any small differences.

Share + Nov 6, 2009 6:13 pm US/Eastern 100,000 Unclaimed Checks Worth More Than $120 Million Waiting To Be Sent Out Reporting Cindy Hsu The IRS is trying to track down more than 100,000 lost taxpayers nationwide, and for once, these folks will want to be found.

Emergency help for out-of-work Americans will be a huge windfall to Realtors, homebuilders, mortgage bankers and others, and that's no accident.

The National Retail Federation welcomed today's passage of legislation that will bring recession-plagued retailers and other businesses more than $10 billion in badly needed cash by lengthening the period during which they can "carry back" current losses to claim a tax refund from previous years when they made a profit.

An estimated 287 Montana taxpayers are due refund checks from the Internal Revenue Service.

A Florida yacht broker who admitted filing a false U.S. tax return and concealing millions of dollars in a secret account at Swiss bank UBS AG was sentenced Friday to two months in prison.

A judge sentenced "Girls Gone Wild" founder Joe Francis on Friday to 301 days already served and a year of probation for filing false income tax returns and bribing Nevada jail workers.

A Lynchburg man whose Ponzi scheme cost investors $450,000 will spend three years in prison.

Twin sisters from Detroit are charged with selling their children's Social Security numbers so income tax filers could claim the kids as their dependents and boost their refunds.

Former New York City Police Commissioner Bernard Kerik admitted in court Thursday that he lied to the White House while being considered for chief of Homeland Security.

Congress took further steps to right the staggering economy by expanding a popular tax credit for homebuyers and extending unemployment checks for the growing legions of people running out of benefits with few job prospects.

The Internal Revenue Service is looking for a few thousand New Jerseyans - and it's to tell them some good news.

Federal agents spent the night searching the law offices of a high-profile South Florida attorney suspected in a massive fraud scheme.

When the president does it, it's not a tax. November 4, 2009 President Obama's promise to raise taxes only on the wealthy was easy to make and easy to break.

But how can you tell the Internal Revenue Service you bought a house--mind you, a house--when you didn't? Even when you're just 4 years old? See Form 5405, "First-Time Homebuyer Credit." "You look at the form, and you can see how if anyone had this mind-set, they could do it," said George W. Smith IV, a certified public accountant and partner at ...

MILWAUKEE Pabst Brewing Co., owner of Pabst Blue Ribbon, Schlitz and other old-line beer brands, is on the sale block again.

FREMONT -- The former superintendent of Clyde-Green Springs Exempted Village Schools will have a chance to explain himself when he is sentenced next month.

A spokesman for FedEx said it was "pleased" with the revision. The Trucker News Services 11/3/2009 SEATTLE - FedEx Corp said in a recent regulatory filing that the U.S. Internal Revenue Service has revised an employment tax audit notice against FedEx for 2002 that would drop the assessment regarding FedEx Ground independent contractors.

The Senate and House are poised to agree on a compromise measure to extend unemployment benefits that also would expand a popular $8,000 tax credit for homebuyers, despite a recent government report on extensive mistakes and suspected fraud in the program.

Two Canadian men have been charged with depositing very large, illegitimate IRS refund checks.

The Internal Revenue Service says more than 72 percent of Alabama's taxpayers filed their federal tax returns electronically during 2009.

Mayor Ron Dellums and his wife Cynthia owe the federal government $239,000 in back taxes, records show.

David Friehling , Bernard Madoff's accountant of almost 20 years pleaded guilty today to perpetuating Madoff's scheme and admitted that he failed to properly audit the convicted conman's investment advisory firm and helped him lie to the Securities Exchange Commission and the Internal Revenue Service.

Gov. Bill Richardson predicted that New Mexicans will face higher taxes next year to deal with the state's continuing budget problems.

Beware the math. Some Republican lawmakers critical of President Barack Obama's stimulus package are using grade-school arithmetic to size up costs and consequences of all that spending.

Web-based attacks are continuing to become a popular method for attackers to spread malware, create zombie computers and harvest account credentials, according to two new security reports.

The Internal Revenue Service is offering a special event called "Solution Saturday" scheduled for Saturday, November 7, 2009 from 9 a.m. to 2 p.m. at its 600 Arch Street office in Philadelphia PA.

Californians will see a little less money in their paychecks as the result of a tax-withholding plan devised to help plug the state's gaping budget deficit.

Samantha Grier/Robert C. Schuler leaves the Potter Stewart U.S. Courthouse in downtown Cincinnati after a hearing on Thursday, Oct.

There are currently, 160 guest and 0 member that are online. You are Anonymous user.

The typical family would be spared higher taxes from the House Democratic plan to overhaul health care, and their low-income neighbors could come out ahead.

Internal Revenue Service employees are often thought of as mild-mannered accountant types .

MILLVILLE -- Longtime Philadelphia political consultant and justice of the peace Peter D. Truman was charged Tuesday with filing a false federal income tax return, United States Attorney Michael L. Levy announced.

Nobel prize-winning economist F.A.Hayek called socialism "the fatal conceit." Why conceit? Because socialism's basic premise, according to Hayek, is that "man is able to shape the world around him according to his wishes." Why fatal? Because, like all falsehoods and misconceptions, it leads to failure, and sometimes disaster.

The average in-state tuition for a public, four-year college rose 6.5 percent this fall, the College Board recently announced.

Elections are typically a referendum on the incumbent. Gov. Jon S. Corzine, through the force of a $20 million-plus advertising campaign, managed to transform this year's race into one more about Republican rival Chris Christie.

WASHINGTON The National Retail Federation asked the Senate to approve an amendment that would allow businesses to lengthen the period during which they can a oecarry backa current losses to claim a tax refund from previous years when they made a profit.