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    PSA: IRS lowers mileage deduction for 2010 - will you owe more in taxes?
    1262188800

    When gas prices rose in 2008, one of the few bits of good news was that the federal government was bumping up the business mileage deduction to 55 cents per mile. Now that gas prices have stabilized in 2009, the Internal Revenue Service has reportedly decided to cut back on some of its ...

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    FoMoCo sues feds for $445m in overpaid taxes
    1215880560

    The idea of having Uncle Sam come after you for back taxes is an unpleasant thought for any American. It's another story altogether when the feds are the ones doling out the Benjamins, though, as Ford is learning. The Blue Oval is officially suing the government for $445 million in overpaid taxes ...

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