The U.S. Department of the Treasury and the IRS on Thursday announced what they called a “major milestone” of collecting more than $1 billion in tax debt from high-income individuals …
Erin Collins, national taxpayer advocate at the Taxpayer Advocate Service, speaks at a Senate Appropriations subcommittee hearing in Washington, D.C., on May 19, 2021. Bloomberg | Bloomberg | Getty Images …
Treasury Secretary Janet Yellen criticized former President Trump after he suggested replacing some of the United States’s income taxes with higher tariffs on imports to make up for lost revenue. …
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, …
President Joe Biden and Vice President Kamala Harris deliver remarks about healthcare in Raleigh, North Carolina on March 26, 2024. Peter Zay | Anadolu | Getty Images President Joe Biden …
Damian Williams, U.S. Attorney for the Southern District of New York, speaks during a press conference in New York City, Sept. 22, 2023. Barry Williams | New York Daily News …
Danny Werfel, IRS Commissioner, speaks after being ceremonially sworn in at the IRS headquarters in Washington on April 4, 2023. Ting Shen | Bloomberg | Getty Images File by the …
Maskot | Maskot | Getty Images The bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront from the car dealer instead of …
The federal tax deadline is officially one month away for most filers — and experts say there are some key things to know this season. As of March 1, the …
Almost all leading Chinese smartphone companies have been under intense scrutiny in India over the last few years. Some are also facing allegations such as customs duty and income tax …