Taxes

As stands full of baseball fans dream of catching Barry Bonds' record-breaking home run ball, attorney and commentator Conrad Teitell reminds us that finders may be keepers, but Uncle Sam wants his cut.

The IRS is cracking down on hospitals that get tax breaks for providing charity care after a study finds many facilities spend just 1 percent of their revenue helping those who simply can't pay. Helen Palmer reports.

Faced with a budget impasse, Pennsylvania Gov. Ed Rendell sent home state employees, except for "essential" public servants such as police, firefighters, and lottery and gaming workers. Alisa Roth reports.

With The Blackstone Group going public today, Kohlberg Kravis Roberts may be next. But Congress is looking into how private-equity earnings are taxed. So how can anyone know what the companies will be worth? Steve Tripoli reports.

Homeowners in some 21 states are holding their breath, hoping for reform that'll bring property tax relief. Four states have already slashed property taxes. But not everyone shares the joy, particularly schools and other local agencies that rely on tax dollars. Dan Grech reports.

Profits are soaring at private equity firms around the globe, but as more and more jobs are cut and news of their substantial tax advantage makes headlines, private equity's popularity keeps sinking further into the mud. Stephen Beard has details.

Owners of Ohio's strip clubs and adult video stores say their businesses are being threatened by some tough, new state laws. They may end up taking their fight straight to voters. Bill Cohen reports.

In Alaska, air taxis are more common than ground taxis. Small planes are integral to the transportation system, carrying everything from commuters to pizza to emergency medical care. But an FAA fuel tax hike could ground many of them, reports Weld Royal.

CEOs of many big corporations get stock options worth millions. But because of a loophole in reporting the deals, the companies can cash in, too. Now the deals are under the gun — John Dimsdale reports.

That's right, investors in Mexico drove that market to a record high yesterday on news that a soon-to-be-announced tax overhaul may require Mexican businesses to pay more taxes. Seems that's better than no reform at all, Dan Grech reports.