Government taxation and revenue
- Entrepreneurs
These midyear tax strategies can trim next year’s bill from the IRS and reduce ‘unwelcome surprises’
seksan Mongkhonkhamsao | Moment | Getty Images 1. Review tax withholdings When starting a new job, you fill out Form…
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Tax pros ‘very skeptical’ about expanded IRS voice bots for payments plans
Westend61 | Westend61 | Getty Images If you get a tax bill and want help from the IRS to set…
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Retirement tax breaks benefit higher earners, leaving middle-class savers behind, report finds
Fstop123 | E+ | Getty Images Tax breaks designed to boost retirement savings may primarily benefit higher earners, leaving middle-class…
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Tax professionals ‘horrified’ by IRS decision to destroy data on 30 million filers
courtneyk | E+ | Getty Images An audit by the Treasury Inspector General for Tax Administration revealed the IRS has…
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Here’s why a Roth individual retirement account conversion may pay off in a down market
Morsa Images | E+ | Getty Images Soaring inflation, interest rate hikes and the war in Ukraine have sparked ongoing…
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Over 60 million tax returns could be completed automatically, study shows
Tom Werner | DigitalVision | Getty Images The IRS may have the ability to automate nearly half of tax returns,…
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New York judge holds Donald Trump in contempt for failing to comply with subpoena for business documents
Former US President Donald Trump holds a rally sponsored by Save America with Ted Budd, Madison Cawthorn, Bo Hines, Dan…
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Hit with an unexpected tax bill? It’s time to adjust your withholdings
Georgijevic | E+ | Getty Images If you had a surprise tax bill this filing season, it may be time…
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Florida taxpayers could face a $1 billion Disney debt bomb if its special district status is revoked
A view of the Walt Disney World theme park entrance on July 11, 2020 in Lake Buena Vista, Florida. Octavio…
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There’s a growing interest in wealth taxes on the super-rich. Here’s why it hasn’t happened
Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021. Greg Nash | Pool…
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