The Internal Revenue Service issued guidelines Tuesday that will allow relief and refunds for some Bernard Madoff victims who were taxed for investment earnings that turned out to be nonexistent. ...more

March 17, 2009

A camel, they say, is a horse designed by committee. To take the expression further, let's call it a committee of experts. After all, only "experts" could take something as graceful as a horse and replace it with something as difficult as a camel. ...more

January 4, 2009

The U.S. economy's health has completely deteriorated. Our market activity and that of our major global trade partners has slowed significantly, leading to a decrease in U.S. exports and consumer expenditures. America endured negative growth in GDP down to -.03 percent in the third quarter. The unemployment rate grew at an alarmingly rapid rate in the last quarter. When the fourth quarter statistics emerge, the U.S. economy will likely be in a full blown recession. ...more

November 25, 2008

After more than two weeks of virtual silence on the economy, President-elect Barack Obama's transition team burst onto the scene with new ambition and urgency Sunday, demanding swift passage by Congress of a massive two-year spending and tax-cutting recovery program. ...more

November 24, 2008

In a 3-2 vote Tuesday, the Highlands County commissioners tripled the property tax break granted to low-income senior homeowners who have a Homestead property. ...more

November 19, 2008

The Highlands County commissioners appear evenly split - two for, two leaning against and one undecided - on raising the low-income senior homeowners Homestead exemption. ...more

November 17, 2008

Residents in unincorporated Hillsborough County got a slight reduction in their property taxes Thursday night and the prospect of further reductions next year. ...more

September 19, 2008

A year after one of the most heated budget hearings in recent memory, the County Commission blazed through its first budget hearing in 63 minutes Thursday evening. ...more

September 12, 2008

Sales tax holidays for hurricane preparation are no more this season. With money in short supply, the Legislature did not renew the tax relief on hurricane supplies that Floridians enjoyed for three years. ...more

May 29, 2008

SEBRING — Sebring residents and businesses will likely be paying a fire assessment with their next tax bill to help fund the fire department's $2.3 million annual budget. ...more

May 8, 2008