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November 20, 2008



IRS, Treasury Revamp Overseas Housing Tax Formula

WASHINGTON -(Dow Jones)- More Americans working overseas, such as those working in Saudi Arabia, China and Indonesia, have won partial tax relief on their housing allowance under revised IRS and Treasury rules issued Friday.

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Buffett calls for retention of estate tax

Billionaire Warren Buffett on Monday called for U.S. lawmakers to retain the estate tax, after announcing plans to leave more than $37 billion of his own fortune to charity, not his children.

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IRS details tax schemes you can avoid

Sending the Internal Revenue Service a ''corrected'' wage form reporting zero income won't make your taxes disappear, the tax collectors said last week.

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California Sales Tax -

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