Taxes

U.S. Court Shoots Down Puerto Rico Tax on Wal-Mart

A U.S. district court judge on Monday struck down a tax levied by Puerto Rico on retailer Wal-Mart Stores, dealing a blow to the debt-laden U.S. territory's efforts to shore up its finances.

Drinks with a Side of Taxes

As the dreaded tax day nears, many Americans are dealing with the stress of filing their tax returns, but one accountant has a novel idea to take the edge off and make the process a little easier: meet at a bar.

2014 Tax Law Changes and Your Business

Don’t be shocked come tax season. Here’s what you need to know, and how you can start prepping now for your dealings with Uncle Sam in the year ahead.

FOXBusiness.com's Biggest 2015 Hits

There was no shortage of news this year, even in the doldrums of summer: Whether it was the Greek financial crisis, speculation over China’s economic demise, the first interest rate hike in nearly a decade or the chaos of the campaign trail as the candidates vie for the White House in 2016. As 2015 winds down, we wanted to thank our readers for their interest and share some of our most read stories over the past year.   Have a Happy and Healthy New Year!   The FOXBusiness.com Team

IRS Gets New Powers to Revoke Passports

Submarined deep in the transportation bill passed by Congress last December was a new power given to the IRS to collect taxes. If you have a federal tax debt of $50,000 or more, the IRS can get your passport cancelled.