IRS warns of impending higher tax penalty for late filers
Stiffer financial penalties kick in on Friday.
IRS warns taxpayers about new twists on scams
With the arrival of tax bills and refunds in the late spring and early summer, the Internal Revenue Service (IRS) is also warning taxpayers against various tax scams that have begun to crop up.
Biden's, Warren's and Bloomberg's impossible (and expensive) green dreams
I have to give Bloomberg credit because at least he plans to spend his own money to achieve his impossible green dream. Biden and Warren, on the other hand, want to spend your money.
Trade disruptions, taxing tech companies are talk of G-20
Finance chiefs of the Group of 20 major economies meeting in the Japanese city of Fukuoka are debating how to revise tax systems to ensure big companies pay their fair share and support economies as global growth slows.
Wealthy Illinois residents could see taxes spike
The state is looking to modify its 4.95 percent income tax rate.
AOC, Warren closer to goal of IRS doing your taxes for you
Lawmakers are said to have removed a provision from a bill that would have prevented the IRS from creating its own free filing software.
Trump's Mexico tariffs could hike beer prices in these states
Tariffs on Mexico would constitute a $12.5 million cost increase on beer importers during the month of June.
Kawhi Leonard, other Toronto Raptors stars' tax bills among worst in the NBA
U.S. players in Toronto face a top combined Canadian tax rate of more than 50 percent.
Uber’s taxes under IRS review
The tax agency is looking at Uber’s 2013 and 2014 taxes, while charges dating back to 2010 across some foreign jurisdictions are subject to change.
US companies paid $91B less in taxes under Trump’s new law
According to the data, companies paid close to $262.7 billion in taxes in 2018, the first year the full tax law was in effect.
Connecticut taxes, fiscal problems bad for business?
Connecticut is facing a projected budget deficit of about $3.7 billion over the next two fiscal years.
IRS releases new W-4 draft, here's what you should do now
Some taxpayers were surprised by their refund, or bill, in 2019.
'Jeopardy!' champ James Holzhauer's tax bill to cost him
Holzhauer's stunning run on Jeopardy rakes in millions.
Murphy calls for $125 tax credit in return for tax on rich
New Jersey property tax payers would get a $125 refundable credit on their income taxes under a proposal that also calls for higher rates on the wealthy that Democratic Gov. Phil Murphy detailed for the first time Monday.
Illinois poised to be 11th state to legalize marijuana use
Illinois is likely to become the 11th state to allow small amounts of marijuana for recreational use after the Democratic-controlled House on Friday sent a legalization plan to Democratic Gov. J.B. Pritzker, who campaigned on the issue.
Construction delayed on Southern California-Las Vegas train
Construction on a high-speed train line between Southern California and Las Vegas will likely be delayed two years after the project failed to secure tax abatements in Nevada, officials said.
Connecticut revenue swells after boat tax reduction
Connecticut halved their boat tax after losing business to surrounding states.
IRS releases new W-4 draft, here's what it looks like
The W-4 is used to calculate how much money to withheld from your paycheck for federal taxes.
IRS 'harming' Americans struggling to meet tax obligations, report says
National Taxpayer Advocate criticized the agency over how it handles filers who owe back taxes.















