It's Time To Change How Taxes Are Done
Everyone deserves better than what they're currently getting.
Millions in new taxes could hit one state
A new tax bracket for wealthy Vermont residents is being considered by state lawmakers.
IRS says almost 1 million Americans have unclaimed tax refunds
The deadline for filing 2020 tax returns is May 17, a month after the April deadline for 2023 tax returns.
What a second Biden term means for taxes
A second Biden White House term could lead to a string of tax increases targeted at the wealthy, according to a taxation expert.
Donald Trump's fire sale of assets faces major roadblock
If Trump sells assets to pay for his civil fraud fine, he might have to pay capital gains tax.
Biden Is Right—Corporate Tax Avoidance Has Big Problems That We Can Fix
There is a dire need for substantial tax reform.
IRS update for tax filers in 12 states
The Internal Revenue Service has launched Direct File, its free-to-use tax-filing pilot across several states.
What a second Trump term means for Taxes
Donald Trump could slash the top rate of income tax to please Republican donors, according to a taxation expert.
Child tax credit bill gets boost
A new poll conducted for Newsweek found that there is support for bipartisan bill that would give families extra money in the form of tax credits.
Finance
IRS gives tax-return update
Use of IRS-endorsed Free File guided tax software has increased by nearly 10 percent so far this filing season.
Social Security tax cut proposed for one state
West Virginia is one of only a dozen states that still tax Social Security benefits.
Social Security plan to phase out taxes
West Virginia Governor Jim Justice has sought to phase out all taxes levied on Social Security in recent years.
Tax credit checks coming for 700,000 Americans
Michigan families could receive checks for an average of $550 starting today.
Residents in this state will get a $1,312 direct payment tomorrow
Alaskan residents will receive the money thanks to the state's Permanent Fund Dividend.
Tax rebate of $1,000 available to thousands in one state
Qualifying Pennsylvanians can get a bigger rebate on their property tax thanks to updated legislation.
Donald Trump opponent's sudden arrest raises questions: "Retaliation"
John Anthony Castro, who has filed dozens of insurrection lawsuits against Trump, is now facing 33 federal tax charges.
TurboTax faces major threat to its business
The IRS is launching a pilot free-to-use tax return service that could spell trouble for private firms like TurboTax.
Tax credit refund update: 700,000 homes to get checks
Some 700,000 households in Michigan are set to get tax refunds next year, according to the state's governor.
Americans to get more money under Social Security law
New legislation in Missouri and Nebraska would make Social Security exempt from income taxes.
Hunter Biden in "an awful lot of trouble"—Donald Trump lawyer
Will Scharf, a lawyer for the former president, responded Thursday after the president's son was indicted on tax charges.
Hunter Biden spent $872k on hookers, porn and sex club memberships
Prosecutors in California say Hunter Biden spent millions in tax-avoided cash, including $10,000 on a sex club membership.
US moves to cut China's electric vehicle power
American consumers will see a reduction in their tax credit when purchasing an electric vehicles manufactured with Chinese parts.
One couple's investment could shake up US taxes
Charles and Kathleen Moore were trying to help impoverished Indian farmers.
Steve Bannon's plan could be devastating for Donald Trump
Bannon wants higher taxes for billionaires, who he said are radical progressives, despite his former boss having an estimated fortune of $2.6 billion.
Oregon residents to receive nearly $1,000 each under colossal tax kicker
Oregon officials confirmed the state has collected a $5.61 billion surplus between the years 2021 and 2023.
Mike Lindell's attempt to stop IRS audit doomed to failure
Lindell believes the IRS is coming after the "home moms" who take the orders for his pillow company
IRS deadline nears for $1.5 billion in tax refunds
Taxpayers across the U.S. have until July 17 to submit a claim for a refund for 2019 or risk losing any overpaid taxes.
Small city defeats McDonald's over plastic packaging
The tax was introduced to reduce single-use plastics and takeout trash in a small German city in 2022, and the fast-food giant tried in vain to reverse it.
"I'm dying": Mom with brain cancer reveals how she's preparing her children
A young mom who was recently diagnosed with terminal cancer shares how she told her kids and how she's preparing them for the future without her.
Gen Z is more likely to give away some inheritance to help others
More than half of Generation Z polled said that they would support an increased inheritance tax to bring about greater societal equality.