Shopping blues: Top tax 12%. Chicago’s 10.25% highest big-city rate. More Internet tax fights loom. While President Obama’s push to raise federal income taxes for the wealthy gets lots of attention, the continuing upward creep in the sales tax rates imposed by state and local governments has gotten less notice. But Vertex Inc., which calculates […]

Although the tax code permits a wide range of deductions for taxpayers in various situations, thousands of filers routinely claim deductions for various types of expenses that are in fact non-deductible. Here is a list of some of the more common non-deductible expenses that show up on tax returns each year. Spousal and Child Support […]