Taxes

The IRS mistakenly told tens of thousands of Americans that the agency was offsetting their stimulus payments because of unpaid federal debt from 14 years ago.  

Even individuals below the filing threshold may need to fill out a return this year.

The proposed facility is estimated to have a local economic impact of $8.6 billion over its first 20 years of operation, creating an estimated 1,800 direct jobs and 1,173 indirect jobs over 10 years. The company projects that the initial average annual wage for employees at the facility would be $66,254. 

The richest households paid 40.1% of all federal income taxes in 2018.

Washington state’s richest residents — including Jeff Bezos and Bill Gates — would pay a wealth tax on some financial assets under a new proposal.

Larry Kudlow, former top economic adviser to Donald Trump, argued on Wednesday that Sen. Elizabeth Warren's proposed wealth tax will really mean "higher taxes for everybody."

Democrats unveiled a bill this week aimed at providing tax relief for the millions of Americans collecting unemployment benefits last year 

Eligible individuals can claim the cash when they file their 2020 returns.

The proposal will be similar to the tax she proposed during her run for the Oval Office.

The federal government doled out billions of dollars’ worth of stimulus aid to American households to help offset the devastating financial effects of the coronavirus pandemic.

Rep. Ilhan Omar called for a new tax on stock trades after a battle between an army of amateur investors and hedge funds caused a dramatic swing in the share price of GameStop and other heavily shorted companies.

The Internal Revenue Service is essentially done sending stimulus checks for now, but if you didn't receive your fully promised payment, don't worry — there's a quick fix.

One of the world’s most expensive homes, Villa Firenze, comes on the market as a growing number of high-priced homes are up for sale, especially as celebrities and wealthy individuals are fleeing high-tax states.

The Internal Revenue Service is basically done sending stimulus checks, but if you didn't receive your fully promised payment, don't fret — there's a quick fix.

A New York restaurant owner is speaking out against the proposed federal minimum wage hike, which he believes could harm small businesses trying to stay afloat during the coronavirus pandemic.