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taxes

Trump may face over $100 million tax bill if he loses IRS fight

by Adrian Jhonsan
Trump may face over 0 million tax bill if he loses IRS fight

By Josh Boak | Associated Press WASHINGTON — Former President Donald Trump may face an IRS bill in excess of $100 million after a government audit indicates he double-dipped on …

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Categories World

California anti-tax measure heats up a long-running battle

by James Odonell
California anti-tax measure heats up a long-running battle

When California’s voters 46 years ago passed Proposition 13, its iconic property tax limit, they ignited a perpetual conflict over how much tax money state and local governments need and who should supply …

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Categories Politics

Appeals court refuses to toss Delaware case

by James Odonell
Appeals court refuses to toss Delaware case

Hunter Biden, son of U.S. President Joe Biden, arrives for a closed deposition with members of the Republican-led House Oversight Committee conducting an impeachment inquiry into the president, at the …

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Categories Politics

Lagging revenue continues to drive up California budget deficit

by James Odonell
Lagging revenue continues to drive up California budget deficit

As the June 15 constitutional deadline for enacting a 2024-25 state budget approaches, the good news for Gov. Gavin Newsom is that all-important income tax revenues in April slightly exceeded the …

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Categories Politics

IRS aims to more than double its audit rate on wealthiest taxpayers

by Adrian Jhonsan
IRS aims to more than double its audit rate on wealthiest taxpayers

Internal Revenue Commissioner Danny Werfel speaks during his swearing in ceremony at the IRS in Washington, D.C., on April 4, 2023. Bonnie Cash | Getty Images News | Getty Images …

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Categories World

Lawmakers want the Chiefs and Royals to come to Kansas, but a stadium plan fizzled

by Russel Berry
Lawmakers want the Chiefs and Royals to come to Kansas, but a stadium plan fizzled

TOPEKA, Kan. — Some Kansas lawmakers see a chance to lure Kansas City’s two biggest professional sports teams across the Missouri border, but an effort to help the Super Bowl …

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Categories Sports

The US will reclassify marijuana. What does that mean?

by Shawn Butlere
The US will reclassify marijuana. What does that mean?

By Jennifer Peltz and Lindsay Whitehurst | Associated Press WASHINGTON — The U.S. Drug Enforcement Administration is moving toward reclassifying marijuana as a less dangerous drug. The Justice Department proposal …

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Categories Health

Yellen: Treasury exploring ways to expand free tax filing program

by Ev Richard
Yellen: Treasury exploring ways to expand free tax filing program

Treasury Secretary Janet Yellen told lawmakers Wednesday that the department is looking into ways to expand on the limited direct file pilot program with possible extensions in functionality and applicable …

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Categories Technology

Austin’s Texas glow Is fading

by Abhishek soni
Austin’s Texas glow Is fading

Oracle Corp. is moving its headquarters out of the city. Tesla Inc. is pulling back after a rapid expansion. Almost a quarter of commercial office space is vacant, and nowhere …

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Categories Lifestyle

Here are the key things to know about your restricted stock units

by Adrian Jhonsan
Here are the key things to know about your restricted stock units

When you receive equity compensation from an employer, it typically requires a comprehensive financial plan — and restricted stock units are no exception. In 2000, only 20% of public companies …

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Categories World
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