Taxes

Cracking down on this tax loophole used by the wealthy could raise more than $50 billion in revenue over 10 years, Treasury said June 17.

The website now provides a comprehensive landing spot for candidates to find everything they need to pursue a career at the IRS.

The tax agency is plagued with backlogs in processing employee retention tax credits, and the lawsuits are springing forth.

By posing as representatives from agencies such as the IRS, or other government agencies, these fraudsters use fear and deceit to exploit their victims.

Many Republicans said the idea had merit and should be discussed, and Democrats were reluctant to dismiss the idea outright.

Trump pitched his support for cutting the business tax rate during a private meeting in Washington Thursday with roughly 100 CEOs.

Contrary to common belief, the benefits of estate planning aren’t exclusive to the ultra-wealthy. The mid-affluent—individuals and married couples poised for significant asset growth—should also consider their future tax exposure.

Changes to certain Inflation Reduction Act renewable credits, as well as to federal corporate tax rates, are among their concerns.