Taxes

The CEO of the National Cannabis Industry Association told FOX Business that Gov. Cuomo’s plan to legalize marijuana for adult recreational use could allow the black market to thrive if taxes are too high.

The massive prize is the second-largest in the game’s history.

Top American banks could see their tax bill rise surge if President-elect Joe Biden forges ahead with his campaign pledge to increase the corporate rate.

The IRS urged Americans to file their taxes electronically this year as the agency deals with a backlog of nearly 7 million unprocessed paper returns from last year.

Millions of Americans have already received their $600 stimulus check, but some who are still waiting for the money to arrive will need to file a tax return in order to receive the money.

Sen. Lindsey Graham, R-S.C., said, “I’ve got a fight on my hands," reacting to Vermont Sen. Bernie Sanders becoming the chairman of the Senate Budget Committee now that Democrats control the chamber.

The IRS tax filing date, normally in January, is later this year. Here’s why...

Former New York Stock Exchange Chairman Dick Grasso told "Mornings with Maria" that Texas and Florida "will do anything to incentivize their locations."

The president-elect could reveal details later this week.

The 2021 filing season is expected to begin within weeks.

New York Gov. Andrew Cuomo outlined his plan to legalize marijuana for adult recreational use in his 2021 State of the State Monday, saying that the industry will eventually lead to 60,000 new jobs, $3.5 billion in economic activity, and $300 million in tax revenue. 

Due to the fact that payments were processed so expeditiously, the IRS said some payments may have been sent to an account that is not active.

Millions of Americans have already received their $600 stimulus check, but some who are still waiting for the money to arrive may need to file their tax return in order to receive it.

Business Council of New York State CEO Heather Briccetti explains what New York businesses need to know about a looming $9 billion tax increase.