Taxes

The IRS is seeking to hire 3,700 new workers to ramp up enforcement on wealthy tax cheats with funding included in the Democrats' Inflation Reduction Act.

The Congressional Budget Office reported that the federal budget deficit through August grew by about $600 billion, compared to a year ago, as spending increased and tax revenue declined.

Georgia Gov. Brian Kemp issued a state of emergency on Tuesday to suspend the state's gas tax in order to ease inflation that he blames on Biden's economic policies.

The Small Business Deduction is expiring and that's a big expense for companies that can't afford it. The cuts gave small businesses billions of dollars in tax relief.

Walmart offers gift cards to Alabama customers who were double-charged tax on Sept. 1 following an adjustment to the state's grocery tax rate.

China's flurry of moves to stimulate its economy have provided a small boost, but those policies are unlikely sustainable and will not result in long-term growth.

The IRS announced a delay for changes under the Secure 2.0 Act to Americans' catch-up contributions to retirement accounts, allowing those to be made on a pretax basis through 2025.

Oklahoma Republican Gov. Kevin Stitt outlines which state taxes he hopes can be cut down for residents on 'Varney & Co' Tuesday.

President Biden's administration is seeking to update United States regulations to crack down on the widespread use of cryptocurrency for tax evasion purposes.