Politics
Republicans mull higher taxes on wealthiest Americans to pay for other cuts
Republicans are discussing whether to raise the top individual tax rate or create a new bracket for millionaires and billionaires to help…
Tag
Taxes
Politics
IRS data reveals that 6% of federal workers are delinquent on their taxes
Tens of thousands of federal workers have been delinquent on their taxes, including more than 5% of congressional employees and 4% of…
Politics
Trump admin loses third IRS chief amid clash over immigration data
Acting IRS Commissioner Melanie Krause is planning to step down amid a clash with the Trump administration over sharing data with Homeland…
Business
IRS announces changes just in time for Tax Day
Thousands of probationary employees at the Internal Revenue Service (IRS) who were laid off earlier this year have been told to report…
News
Zero Business Activity? Why You Still Need to File Taxes
If you have an inactive LLC, you might think you can skip filing taxes this year. But that’s not the case. Even if your business hasn’t…
Politics
Trump signs orders restricting Chinese investment, imposing tariffs for digital taxes
President Trump has signed two memorandums aimed at protecting U.S. tech giants operating overseas and restricting foreign investment in…
Politics
Trump signs order to impose retaliatory tariffs for digital taxes
President Trump has signed a memorandum that will impose tariffs on countries that levy digital taxes on U.S. technology companies. Source…
Culture
Did You Sell Concert Tickets or Clothes? You May Owe Taxes
If you received more than $5,000 for online sales of “goods or services” in 2024, you might get a Form 1099-K. Don’t ignore it, an expert…
Politics
Republicans Want Lower Taxes. The Hard Part Is Choosing What to Cut.
Since their party swept to power, Republicans have entertained visions of an all-inclusive tax cut — one that could permanently lower…
Politics
Republicans Should Keep Taxes Simple
Injecting new carve-outs into the code would undermine one of the great successes of President Trump’s first term. Source link
News
Can you claim pets on tax returns? What to know
Tax season can be stressful, and many pet owners wonder if their furry companions qualify for tax deductions. While the IRS doesn't allow…
News
Bans, Fees, Taxes. Can Anything Stop Overtourism?
For years, Dubrovnik, Croatia, has been a poster child for overtourism, with summer visitors vastly outnumbering the local population and…
Politics
E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.
Owners of electric cars in Vermont recently got a letter from the Department of Motor Vehicles with some bad news. Starting Jan. 1 they…
Politics
How to watch Donald Trump's Las Vegas rally: Livestream, time, event info
President Donald Trump is set to hold a rally in Las Vegas on Saturday as he wraps up a whirlwind tour of disaster zones in North Carolina…
Politics
US firms pay over $1 billion in taxes to Russia Amid Ongoing Ukraine war
U.S. companies that have continued to do business in Russia have contributed more than $1 billion in tax revenue to Kremlin, Newsweek has…
Politics
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend…
News
Five common tax deductions to claim on 2024 tax returns
Tax deductions can impact your taxable income, reduce your overall tax liability and potentially increase your refund. Why It Matters Tax…
Politics
Supreme Court may free Catholic charities from paying state unemployment taxes for their employees
WASHINGTON — The Supreme Court voted Friday to hear a potentially far-reaching claim of religious freedom and decide whether…
Politics
More jobs and no 'nuisance taxes' - Ghanaians' great expectations
Ghana's former President John Mahama will be under enormous pressure to meet the expectations of voters following his landslide victory in…
Business
Italian minister proposes fresh taxes on arms makers’ windfall profits
ROME — Italian defense companies whose profits have soared thanks to armed conflicts around the world could face increased taxation,…
Politics
French left vows new taxes as snap election draws near
Left-wing parties in France on Friday pledged to raise 30 billion euros a year from taxing businesses and the rich if they win a majority…