Browsing: Taxes
Donald Trump pledges tax cuts for ‘middle class, upper class, lower class, business class’ if wins a second term as president
Donald Trump pledged to double down on tax cuts if he wins a second term as president, drawing a distinction…
Trump is fighting an audit that could cost him over $100 million because he claimed 2 tax breaks for the same Chicago building
A massive trove of tax information obtained by ProPublica, covering thousands of America’s wealthiest individuals, reveals what’s inside the billionaires’…
Post-Brexit shoppers shift from London to tax-free Paris and Milan in ‘lost opportunity’
Thousands of tourists who used to come to Britain for tax-free shopping are now visiting stores in Paris, Milan and…
IRS considers cracking down on $230 billion charitable sector that critics call ‘warehousing of wealth’
Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an…
Joe Manchin and mining officials slam EV tax credit rule change, calling it a “blank check” to China
The battle is all about rarefied graphite, an essential material for EV batteries. The federal government sent carmakers scrambling in…
Massachusetts is jumping into the national debate on the affordable housing crisis with a proposal to tax high-value property sales.…
Warren Buffett predicts ‘higher taxes are likely’ since the national debt won’t pay for itself
The U.S. government may be coming to take a larger bite out of corporate profits, and Berkshire Hathaway chairman Warren…
The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits…
The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
Officials from several institutions warn a tipping point is near and it will only get worse if it snowballs into…
Commercial tax-prep companies lost out on $5 billion in fees thanks to IRS’ direct file, government says
The IRS said Friday that more than 140,000 taxpayers filed their taxes through its new direct file pilot program and…