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Mar 10

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IRS to go easier on tax settlements

IRS agents will be more flexible with taxpayers who have seen their incomes drop during the recession. IRS Commissioner Doug Shulman announced Tuesday that the agency is loosening its rules for negotiating tax settlements for less than the amount owed. {loadposition in-article} The agency also p...

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States, Cities Likely to Slash Jobs As Stimulus Dwindles

The worst looks to be over for private-sector unemployment, but it may be just beginning for state and local government workers. State and local government payrolls typically don’t decline much until a year after the beginning of a recession because budgets are already in place and fairly inflexible...

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Sex.com domain goes up for Auction

Sex.com, one of the most valuable Internet domain names, will go up for auction next week after the previous owner defaulted on its debts. Escom LLC paid a reported $14 million for the Web site in 2006. But the company failed to repay debt owed to DOM Partners LLC, the New Jersey-based lender that h...

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Stock investors ask: What's the next big thing?

A year after the stock market began its comeback from 12-year lows, investors are looking for the next big thing. Stocks have lost some of the momentum that propelled the Dow Jones industrial average up 61.4 percent from its close of 6,547 on March 9, 2009. That's natural -- bull markets tend to sl...

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