Tax eBrief: Return of Federal Payroll tax hits retailers, and more

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The recently restored federal payroll tax that has left Americans with less money to spend. Wal-Mart Stores Inc. on Thursday joined a parade of retailers, restaurants and consumer-goods companies worried about the economic impact. Continue reading

Tax eBrief: Obama repeats call to end tax break for corporate jets, and more

Tax eBrief: Jet REUTERS

President Obama wants to stave off massive federal spending cuts scheduled March 1, but one of his suggestions to close tax breaks on corporate jets has upset that industry and Republican congressional leaders. Continue reading