President Biden said Friday he supports a Democratic proposal to tax billionaires annually on their unrealized investment gains.
The IRS said in a statement Wednesday that those impacted by Hurricane Ida in parts of New York and New Jersey will be offered an extension to file various individual and business tax returns—similar to the relief already provided to victims in Louisiana.
The IRS is missing the required information for millions of American households that could potentially qualify to receive the expanded Child Tax Credit, a new report shows.
Oregon Democrat Sen. Ron Wyden on Tuesday introduced a bill that would eliminate the qualified business income deduction – implemented as part of the 2017 Tax Cuts and Jobs Act – for wealthier business owners.
Americans for Tax Reform President Grover Norquist on how Biden’s vow to tax the rich may fall on the middle class.
Wondering how to pay off tax debt? Using credit and signing up for IRS payment plans are both typically less expensive than paying penalties and interest.
Tax season will be coming to a close later than usual this year, due to the May 17 extended deadline. Until that time, you might hear advertisements from car dealerships urging you to bring in your refund or pandemic stimulus check to buy a new car.
CPA Daniel Geltrude explains what you need to do to get your tax refund as quickly as possible.
Macro Trends Advisors founding partner Mitch Roschelle provides insight into proposed tax increases under the Biden administration.
Geltrude & Company founder and CPA Dan Geltrude explained that if cryptocurrency is considered capital gain, then it's taxable.
The window for exploiting the basis for the payments might be limited.
The U.S. Chamber of Commerce is asking the Trump administration to clear up the concerns and questions many businesses have in the wake of the President's executive action to defer payroll taxes.
The administration confirmed a bonus for returning to work is under consideration.
With the tax-filing deadline rapidly approaching, here are a few tips to get you through the process if you have yet to get your return in order.
One once-reliable source of cash is taking longer to reach Americans' bank accounts this year, and tax refund delays could not have come at a more inconvenient time.
City levy rates would increase 34%
Half of Social Security recipients don't get to keep their benefits in full, according to a new survey. Here's why.
Every year brings some changes to the tax code, but 2020 has brought more than most as the COVID-19 pandemic upended life in ways we could never have anticipated.
The federal government piled up a record deficit in April, traditionally a month of big budget surpluses.
Coronavirus could change which cities become powerhouses in the future.