Biden’s tax plan could hike costs on largest US banks, study finds
JPMorgan, Bank of America and Citigroup stand to be the most affected, study finds.
High-tax states need to get ‘creative’ to lure back wealthy residents, expert says
Many cities and states are eyeing tax hikes to fill coronavirus-related budget holes.
A killer tax break could be yours this year if you make this 1 move
There's one tax break that's widely available regardless of how much you earn, whether you have children or not, and whether you itemize on your annual returns or go with the standard deduction.
New Jersey governor, lawmakers strike deal to hike taxes on state's millionaires
The state faces a $5.7 billion budget shortfall as a result of the coronavirus-induced shutdown.
Can remote work lead to double taxation?
In some scenarios experts say employees may face higher tax bills.
Congressional watchdog opens door for Dems to try to overhaul Trump's payroll tax deferral
A congressional watchdog opened the door this week for Democrats to try to nullify IRS guidance implementing President Trump's executive action allowing companies to temporarily defer some employees' payroll taxes.
NYC mayor de Blasio rules out property tax hikes
The mayor announced other measures to generate budget savings on Wednesday.
Social Security benefits in 2021: How much your check is likely to increase next year
Cost of living adjustments are implemented in order to counteract the effects of inflation.
Biden platform would raise taxes by $3.4T, study says
Democratic presidential candidate Joe Biden has laid out a multitrillion-dollar spending plan that would raise taxes by $3.4 trillion over the next decade.
These are the best, worst states for homeowners in 2020: report
Earlier this week, SmartAsset found which states are the best and worst for homeowners this year.
Biden's 'Made in America' goals face a big threat -- his own economic plan
Democratic presidential nominee Joe Biden unveiled his new “Made in America” plan this week.
New tax forces major stock market players to threaten move from NJ
A group of stock exchanges and trading platforms contend that millions of Americans who invest in financial markets to save for retirement would be hurt by a potential new tax in New Jersey to be levied on financial transactions.
Will tax laws change as remote work becomes more popular?
Experts caution the filing process may not be simplified in the near future.
Biden vows to hike corporate taxes on 'day one' of his presidency
Democratic presidential candidate Joe Biden pledged to raise the tax rate that corporations pay on "day one" of his presidency, regardless of the nation's unemployment rate.
6 best money tips for new college grads
As you enter the workforce after graduation, you should get started on the right financial path. Here are six tips to help you manage your money wisely.
Varney: Democrats rush to aid the wealthy
The establishment is desperate to avoid even higher taxes in already high-tax, Democratic states, which would make things even worse.
Billionaire Ken Griffin spends $20M to campaign against Illinois tax hikes
Voters need to approve a ballot measure in order for the state to change its income tax structure.
NY tax hikes on wealthy possible if other aid options fail, Cuomo says
The New York governor said tax increases would put the state at a competitive disadvantage.
Will coronavirus budget issues cause tax auditors to crack down on remote workers?
Coronavirus-related challenges are likely to change many people’s tax filing situations.
Military members unable to opt-out of Trump’s payroll tax deferral
The policy will be automatic for certain military members and civilian employees.