by Ashlea Ebeling, 12.22.09, 03:00 PM EST The research tax credit, AMT protection and others are likely to be revived, but it’s a pain for taxpayers. When members of the U.S. Senate finally head home this week, they will be leaving the future of 50 individual and business tax breaks in limbo. All expire at [...]

The Conference Board, a private research group, has released its statistics for November. The index of Leading Economic Inidicaters rose 0.9% last month, up from 0.3% in October making this the eighth consecutive month for positive results in the index. November’s numbers actually outperformed the 0.7% expected by many economists. The positive performance came from [...]

It is often said that California leads the nation into various “new” things. Pray that California style legislators don’t come to your State or to the Federal Government. As a Californian and a conservative thinker, I apologize to the rest of the nation on behalf of Californians who have thrust the likes of Nancy Pelosi [...]

By Dan Jamieson – Investment News The United States will avoid a “double dip” recession, with real gross-domestic-product growth topping 2% next year, according to Standard & Poor’s Corp.The research firm is estimating a 1.7% annualized growth rate in the fourth quarter, and a rate of 2.4% by the end of next year, Sam Stovall, [...]

NABE Outlook: Recession Is Over, but a Muted Recovery to Follow SUMMARY: “The Great Recession is over,” according to NABE’s latest survey. “The survey found that the vast majority of business economists believe that the recession has ended but that the economic recovery is likely to be more moderate than those typically experienced following steep [...]

By STEPHEN OHLEMACHER, Associated Press Writer WASHINGTON – Tax dodgers who hid assets overseas will get a few extra weeks to apply for an amnesty program that has been flooded with applications ahead of the Wednesday deadline. The Internal Revenue Service said Monday the deadline will be extended until Oct. 15. More than 3,000 Americans [...]

Federal Reserve Chairman Ben S. Bernanke came close to declaring the recession over Tuesday, but warned that economic growth will remain too sluggish to quickly restore the nearly 7 million jobs lost since 2007. He made the remarks as a string of positive economic news helped lift stock indexes to new highs for the year. [...]

The Treasury Department’s bank investments are paying dividends. But saying they have earned $6 billion for taxpayers, as Tim Geithner did, is a stretch. Tim Geithner may have jumped the gun by saying taxpayers have earned money on TARP. NEW YORK (Fortune) — The markets are on a roll, but it’s still a tad early [...]

Facing a rising tide of home foreclosures, the Obama Administration is pushing mortgage servicing companies to more than double the industry’s mortgage modifications by Nov. 1. After a day long meeting with 25 servicers at the Treasury Department, the Administration for the first time announced a specific goal for modifications by the industry under the [...]

It is bad enough that many families are losing their homes to foreclosure, but scammers are preying on some of these families and making life all the worse. The Federal Trade Commission as produced this video to hopefully alert vulnerable homeowners to these scam artists tactics and hopefully avoid the associated losses.