Taxes

California Gov. Arnold Schwarzenegger is working on a "cap-and-trade" plan to cut the state's greenhouse gases, compelling companies to buy and sell credits regulating potentially harmful emissions. But some environmentalists are skeptical of a market-based approach. Sarah Gardner reports.

Between bailing out investment banks and making loans to securities dealers, Fed Chief Ben Bernanke and company have been busy lately. The big cut in short-term interest rates boosted the markets, but inflation still looms. Kai Ryssdal has the story.

The Federal Reserve committed $30 billion in taxpayer money to guarantee the riskiest part of Bear's portfolio in the JP Morgan sale. Kai Ryssdal speaks to Bob Moon about whether the move could ultimately benefit taxpayers.

In spite of a slowing economy, Atlantic City plans to spend almost $10 billion on a new wave of casino projects. The city is betting on a new demographic of gamblers to spruce up the local economy. Joel Rose reports.

None of us want that dreaded audit letter from the IRS in the mail, so Tess asks Frank Degen how you can make sure your tax preparer isn't setting you up for trouble.

New problems in the municipal bond market are resulting in cities and municipalities paying record-high interest rates. And with cities making less from property taxes, some have no choice but to declare bankruptcy. Jill Barshay reports.

Bank secrecy laws have helped make the European principality of Liechtenstein a tax haven. Now a secret list of account holders at a Lichtenstein bank has been sold to authorities in Germany and Britain. John Dimsdale reports.

Question: My 27-year-old daughter is developmentally disabled, lives at home and works for a sheltered workshop. Her last years' earnings were ...

How are you supposed to decrypt the changes to the tax code for 2007? Tess asks Tom Herman to walk us through what we need to know before filing our returns.

You've got questions about the stimulus package, the IRS has answers and we get you connected. Tess has Frank Keith of the IRS answer your refund questions.