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taxes

Here’s why Americans can’t stop living paycheck to paycheck

by Adrian Jhonsan
Here’s why Americans can’t stop living paycheck to paycheck

For many Americans, payday can’t come soon enough. As of June, 61% of adults are living paycheck to paycheck, according to a LendingClub report. In other words, they rely on …

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Categories World

House lawmakers examine employee retention tax credit during pandemic era

by Adrian Jhonsan
House lawmakers examine employee retention tax credit during pandemic era

IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters Scrutiny of a pandemic-era tax credit intensified this week as lawmakers, …

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Categories World

IRS to Cease Surprise Visits to Taxpayer Homes and Businesses

by James Odonell
IRS to Cease Surprise Visits to Taxpayer Homes and Businesses

By Fatima Hussein | Associated Press WASHINGTON — The Internal Revenue Service said Monday it is ending its decades-old policy of making unannounced home and business visits, in an effort …

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Categories Politics

Tokyo’s Local Governments Enhance Tax Donation Gifts

by Craig Fedirighi
Tokyo’s Local Governments Enhance Tax Donation Gifts

Many municipalities in central Tokyo have for years set themselves apart from local governments elsewhere competing to offer attractive, and sometimes unique, return gifts to win donations under a system …

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Categories Business
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