Felipe Castro holds a sign advertising a tax preparation office for people that still need help completing their taxes before the Internal Revenue Service deadline on April 14, 2010 in Miami, Florida.
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US Sen. Elizabeth...
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The House Oversight Committee reissued a subpoena for former Trump's accounting firm, Mazar USA.
They are seeking eight years of Trump's financial records.
Last week, The Supreme Court paved the way for the Manhattan DA's office...
Related topics: Subpoenas
The bill also includes a clause that indicates the state is responsible for paying the interest on the state's federal unemployment loan, an estimated $30 million per year.
Related topics: Unemployment
There might not be a one-size-fits-all manual for raising a child, but there are simple steps you can take to put your child on the path to building wealth. For example, the Roth IRA (a special individual retirement account) comes with incredible...
If you’ve been listening to House Republicans (aka the Coup Klux Klan), you might be thinking that the $1.9T Amero Trump-Virus Relief Bill is a sneaky bill to bail out Blue States and those nefarious Anarchist Jurisdictions like Seattle.
How...
The government would provide up to a 30% tax credit for companies to expand or build new facilities that make products to reduce carbon emissions.
So far, £1.65bn has already been allocated for the UK’s vaccination programme, with reports suggesting that several tax rises may be introduced by Sunak, fuelling concerns from politicians across the political spectrum.
Related topics: United Kingdom
By James Pethokoukis
President Biden’s campaign tax plan was full of tax increases, some $3 trillion worth. But a wealth tax wasn’t one of them. And, according to The New York Times, a wealth tax is “not among the top revenue-raisers that...
Related topics: Joe Biden
Tax preparation may not be the most exciting element of running a small business — but it is essential. Companies have tons of options for preparing their tax returns each year, from online tax preparation tools to working with a dedicated tax...
Former Conservative leader William Hague became the latest Tory to steal the Labour Party's clothes, saying austerity had been "jettisoned", and that the state should play a much bigger role in post-COVID Britain.
A new report says, 'The benefits of the proposal far outweigh any reduction in employment.' Republicans have long claimed that the expansion of the child tax credit, as proposed by President Joe Biden in his American Rescue Plan, would lead to...
Related topics: Joe Biden
Last year, the IRS extended the tax deadline to July 15 to accommodate filers during the coronavirus pandemic. While the pandemic is still very much with us, the IRS won't be offering the same flexibility this year. Taxes are due on April 15, as...
Related topics: IRS
Now that tax season is upon us, it's time to better understand the ways in which your investments can cause your tax bill to increase. It's a good idea to think about how to engineer a portfolio in such a way that it gives you the returns you want...
From WAPO: Senior Democrats are abandoning a backup plan to increase the minimum wage through a corporate tax penalty, after encountering numerous practical and political challenges in drafting their proposal over the weekend, according to two...
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On Monday, Sen. Elizabeth...
Related topics: Cnbc
The Bidens are back at it, getting involved in Ukraine. This time $125 million of US taxpayer dollars is at stake.
The Daily Caller reports:
President Joe Biden’s Department of Defense is providing a $125 million grant to Ukraine to improve the...
Related topics: Joe Biden, Ukraine
By Alex Brill, Kyle Pomerleau, and Grant M. Seiter
The Child Tax Credit (CTC) is all the rage these days. Democrats and Republicans both are advancing proposals to increase the maximum value of the CTC and make it available to more families. The...
* CDC warns of “potential fourth surge of cases” in the US
* Sen. Elizabeth Warren unveils proposal for wealth tax on ‘ultra-millionaires’
* China closes a major bitcoin mining operation
* German retail sales fell sharply in...
Related topics: China, Bitcoin
Michael Taylor and Peter Taylor were arrested in Massachusetts in May 2020, several months after they allegedly helped former Nissan executive Carlos Ghosn flee Japan and avoid trial on charges of money laundering and tax evasion.
Related topics: Japan
Drew Angerer/Getty Images
Democrats introduced a bill to put a 2% tax on households with net worths over $50 million.
The wealth tax would work to combat wealth inequality and include anti-evasion measures.
Progressive lawmakers have praised the...