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Government taxation and revenue

Second-quarter estimated tax deadline for 2024 is June 17

by Adrian Jhonsan
Second-quarter estimated tax deadline for 2024 is June 17

D3sign | Moment | Getty Images The second-quarter estimated tax deadline for 2024 is June 17, and you could owe a penalty if you don’t send a payment, according to …

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Categories World

Trump floats eliminating U.S. income tax and replacing it with tariffs on imports

by James Odonell
Trump floats eliminating U.S. income tax and replacing it with tariffs on imports

Republican presidential candidate, former U.S. President Donald Trump speaks during his campaign rally at Sunset Park on June 09, 2024 in Las Vegas, Nevada.  Brandon Bell | Getty Images Donald …

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Categories Politics

Trump says he will eliminate taxes on tips

by James Odonell
Trump says he will eliminate taxes on tips

Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign event, in Las Vegas, Nevada, U.S. June 9, 2024.  Brendan McDermid | Reuters Former President Donald Trump …

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Categories Politics

What the next president means for your taxes

by Adrian Jhonsan
What the next president means for your taxes

Joe Biden and Donald Trump 2024. Chip Somodevilla | Alex Wong | Getty Images Trillions in expiring tax breaks are at stake this election season — and those sunsets could raise …

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Categories World

IRS employee charged in Exxon Mobil tax credit theft bid

by Milton Acorn
IRS employee charged in Exxon Mobil tax credit theft bid

Chip Somodevilla | Getty Images News | Getty Images A former IRS employee was charged in Utah federal court for allegedly trying to steal $2.1 million in tax credits owed …

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Categories Science

DC settles Bitcoin billionaire Michael Saylor case

by James Odonell
DC settles Bitcoin billionaire Michael Saylor case

Michael Saylor, executive chairman at MicroStrategy. Valerie Plesch | Bloomberg | Getty Images Billionaire bitcoin investor Michael Saylor and the company he founded, MicroStrategy, will pay $40 million to settle …

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Categories Politics

Why the minimum wage and some tax breaks don’t budge despite inflation

by Adrian Jhonsan
Why the minimum wage and some tax breaks don’t budge despite inflation

Martin Barraud | Ojo Images | Getty Images Many Americans are likely familiar with financial thresholds that are adjusted for inflation each year. They include contribution limits to 401(k) plans, …

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Categories World

How to know if a Roth conversion is right for your portfolio

by Adrian Jhonsan
How to know if a Roth conversion is right for your portfolio

Noam Galai / Noamgalai.com | Moment | Getty Images Roth individual retirement account conversions are up in 2024 — but there are key things to know before converting funds, experts …

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Categories World

Roth IRAs for kids offer triple-tax benefits, advisor says

by Adrian Jhonsan
Roth IRAs for kids offer triple-tax benefits, advisor says

Sturti | E+ | Getty Images If your kids are working summer jobs, it’s a prime opportunity to help them open a retirement account and start saving for the future, …

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Categories World

Meet the leaders of the Trump era’s new conservative economic populism

by James Odonell
Meet the leaders of the Trump era’s new conservative economic populism

This reported column is Part Two of Eamon Javers’ two-part series on the new, conservative economic populism gaining ground among Republicans close to former President Donald Trump. In Part One, …

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Categories Politics
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