DOGE to Lay Off Thousands of IRS Workers
WASHINGTON — The IRS will lay off roughly 7,000 workers in Washington and around the country beginning Thursday, a person ...
Tag: Taxes
Italy is investigating Amazon over an alleged €1.2 billion tax dodge
The total claim against the online retailer, including penalties, could soar to €3 billion ($3.14 billion). Read More Source link
IRS will lay off thousands of probationary workers as soon as next week — in the middle of tax season
Jan. 27 was the official start date of the 2025 tax season, and the IRS expects more than 140 million ...
Rep. Nicole Malliotakis floats new proposed tax cuts for seniors in pair of bills
Staten Island Rep. Nicole Malliotakis floated a pair of bills Monday that would give elderly Americans deeper tax cuts, The ...
Americans trust AI more than a CPA to do their taxes, according to new research
In a new survey shared exclusively with Fortune, only 41% of Americans are confident in handling their own tax filing. ...
IRS Direct File Still Available Despite Elon Musk’s Comments
WASHINGTON — Billionaire tech mogul Elon Musk posted Monday on his social media site that he had “deleted” 18F, a ...
How to file your taxes online
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World leaders at Davos need to tax millionaires like me. The fate of our planet and democracy depends on it
The ultra-rich pose a threat to our democratic institutions—and the problem will deepen if extreme wealth is left unchecked. Read ...
Real estate brokers seek special exemptions from LA’s ‘mansion tax’ and key rules to spur rebuilding after wildfires
"The City should not impose taxes on individuals who lost their homes in the fires." Read More Source link
TikTok influencers threaten to not pay their taxes if the app gets banned
Tax experts warn TikTokers it’s ‘not legal’ to avoid paying their taxes. Read More Source link
Chime customers can file taxes for free on the app
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IRS’s free tax filing service opens today. Here’s how you can take advantage
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Marylanders oppose tax hikes as lawmakers enter session with debate over taxes versus cuts
As state lawmakers embark on a new legislative session set to focus on how to fill a mounting budget deficit, ...
Maryland should take a page from Virginia’s book
Is it something in the water? While Maryland is in the midst of a fiscal crisis, drowning in a $3 ...
How is interest income taxed?
Interest earned on certain bonds and deposit accounts are taxed like ordinary income. Read More Source link
Trump advisers consider raising SALT write-off limit to $20,000
Economist Stephen Moore, a member of President-elect Donald Trump’s economic advisory transition team, told Bloomberg Thursday that the group has ...
France’s proposed new sugar tax could transform the biggest food companies—will the consumer pay the price?
While the French are known for their culinary expertise, more people are consuming sugary foods and drinks, and the government ...
How the 401(k) of charitable giving can help lower your tax bill
After LinkedIn went public in 2011, then-vice president of product management Adam Nash faced a pleasant dilemma: he was sitting ...
Firms forced into ‘damage control’ mode after U.K. budget, CBI chief warns
Since the U.K.’s Labour government released its budget last month, the resounding tone within businesses has been of panic and ...
Tesla excluded from EV buyer credits in California proposal
Tesla Inc.’s electric vehicles would be shut out from consumer rebates under a proposal by California Gov. Gavin Newsom, pitting ...
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