Tax

Post Office may face £100m tax bill over victim payouts - experts (www.bbc.co.uk)
2024-1-13 Tax

Funding GOP Wants to Cut Helped IRS Collect $500 Million From Rich Tax Cheats | "This is why we fought for a fully funded IRS, and why it's so reckless for Republicans to try to slash its budget again," said Rep. Gerry Connolly. (www.commondreams.org)
2024-1-13 Tax Republican Budget

US Tech Innovation Dreams Soured By Changed R&D Tax Laws (news.slashdot.org)
2024-1-13 Tax

IRS has collected more than $520M in back taxes from delinquent millionaires so far (www.nbcnews.com)
2024-1-13 Tax

IRS collected more than $520 million in back taxes from delinquent millionaires so far (www.kold.com)
2024-1-13 Tax

IRS says it collected $360 million more from rich tax cheats as its funding is threatened yet again (apnews.com)
2024-1-13 Tax

Congress nears $70 billion deal on child tax credit and business tax breaks. Democrats want to resurrect an expanded child tax credit, which sharply cut childhood poverty, while Republicans are seeking tax breaks for businesses. The emerging deal aims to provide targeted relief for needy families. (www.nbcnews.com)
2024-1-13 Tax Democrat Republican

‘Have their cake and eat it too': inside US big business's tax cut campaign (www.theguardian.com)
2024-1-12 Tax

Hunter Biden pleads not guilty to federal tax charges (www.bbc.co.uk)
2024-1-12 Tax

Zelenskyy says Ukrainian men should return to Ukraine at least to pay taxes (www.pravda.com.ua)
2024-1-12 Tax Ukraine

Trump 14th Amendment political challenger arrested on federal tax charges (thehill.com)
2024-1-12 Trump Tax

How to deduct your home equity loan interest from your taxes (www.cbsnews.com)
2024-1-12 Tax Equity

Fuelled by tax cuts, electric vehicle sales surged in Australia in 2023 (www.smh.com.au)
2024-1-11 Australia Tax

Your tax dollars are getting spent on weight-loss drugs like Ozempic, and the total is adding up (www.businessinsider.com)
2024-1-11 Tax

Florida's tax system most unfair on poor in US, study shows. ITEP ranked Florida as the most regressive tax system in the US with low-income families paying nearly 5X as much as the wealthy in taxes. Florida and the other "low tax" states "levy some of the nation's highest tax rates on the poor." (www.newsweek.com)
2024-1-11 Tax

Abolish the IRS? How Republicans are keeping up attacks on the tax agency. Congressional Republicans and some GOP presidential candidates are continuing to target the Internal Revenue Service – a longtime political punching bag – after Democrats bolstered the agency with billions in new funding. (www.cnn.com)
2024-1-11 Tax Democrat Republican

Get a jump on your taxes with $19 off H&R Block tax software (www.bleepingcomputer.com)
2024-1-11 Tax

Trump is driving economists crazy — again. Trump Trade War 2.0 is a real possibility for 2025. Economists are highlighting the possible damage, just as they did in 2016. Economists broadly agree that a new 10% tax on all imports would damage the US economy and raise costs for consumers. (finance.yahoo.com)
2024-1-10 Trump Tax

In 41 US States, Richest 1% Pay Lower Tax Rates Than Everyone Else (www.commondreams.org)
2024-1-10 Tax

TurboTax faces major threat to its business. The IRS is launching a pilot plan, known as Direct File, that will offer a free way to submit taxes for U.S. workers. Direct File is being funded by a portion of the $80 billion released via President Biden's Inflation Reduction Act. (www.newsweek.com)
2024-1-10 U.S. Tax Inflation

‘We're leaving!': Rich Americans are ditching California and ‘taking their tax dollars with them.' Here's why they're leaving — and where they're headed (finance.yahoo.com)
2024-1-9 U.S. Tax California

Do corporate tax cuts boost economic growth? (www.sciencedirect.com)
2024-1-9 Tax

Why not raise taxes on top 40-50% to tame inflation, why only try to stop wage growth by tight monetary policies? (ncnewsline.com)
2024-1-9 Monetary Tax Inflation

IRS To Begin Trial of Its Own Free Tax-Filing System (news.slashdot.org)
2024-1-9 Tax

Soda taxes made sugary drink sales fall and prices rise in cities that tried them, study finds (www.foxbusiness.com)
2024-1-7 Tax

Cities with soda taxes saw sales of sugary drinks fall as prices rose, study finds (www.npr.org)
2024-1-7 Tax

I.R.S. to Begin Trial of Its Own Free Tax-Filing System. The agency's plans have already met resistance from tax preparation companies. Democrats support the idea of free, direct filing, while Republicans contend that the idea would give the agency even more power. (www.nytimes.com)
2024-1-7 Tax Democrat Republican

Billionaires Are Hoarding Trillions in Untaxed Wealth. They Want the Supreme Court to Keep It That Way A new report from Americans for Tax Fairness found that America's richest families accumulated $8.5 trillion in untaxed capital gains in 2022 (www.rollingstone.com)
2024-1-6 U.S. Tax

How a change to US tax law Section 174, forcing amortization of software labor, led to higher tax bills, less hiring and more layoffs, IP moving abroad, more (blog.pragmaticengineer.com)
2024-1-6 Tax Layoffs

Will the construction spending boom continue into 2024? Construction spending saw a boom in 2023 with growth primarily supported by US fiscal policy. "There's a lot of reason to believe that this is still gonna continue. These tax credits are not going anywhere." (finance.yahoo.com)
2024-1-6 Tax

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