Investors sold stocks and bonds after Moody’s downgraded the U.S. credit rating, potentially complicating negotiations around Republicans’ tax plan.
Category: Federal Taxes (US)
-
Some Online Scam Victims Can Now Seek Tax Relief on Firmer Ground
The Internal Revenue Service issued a memo last month that said victims of certain impersonation and investment schemes might be eligible for a tax break.
-
I.R.S. Audits Are at a Record Low. Trump’s Cuts Could Make Them Even Rarer.
The Biden plan to increase tax revenue through more enforcement is being reversed.
-
How the Tax Bill Could Impact Your Wallet
Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.
-
Why You Should Sign Up for an I.R.S. Identity Protection PIN
With employees from the so-called Department of Government Efficiency poking around in agency systems, faith in data security isn’t what it once was. The tool, an identity protection PIN, can help.
-
What to Know About Filing Your Tax Return as the I.R.S. Sheds Workers
How to avoid delays, check the status of refunds and contact the Internal Revenue Service with problems.
-
Republicans Ponder: What if the Trump Tax Cuts Cost Nothing?
Some in the party are considering alternative ways of assessing the federal budget as they prepare to extend temporary tax cuts passed in 2017.
-
The Big Takeaways from Debate Night
The showdown between Vice President Kamala Harris and Donald Trump was light on policy, but there were still sparks as they laid out different visions for the economy.
-
Harris’s Capital Gains Tax Break
The vice president has proposed raising the levy on capital gains, a break from President Biden’s economic agenda, as she tries to keep big donors and progressives on side.
-
You Finished I.V.F. Can You Donate Embryos and Get a Tax Deduction?
Some people may consider donating embryos to researchers in light of Alabama’s I.V.F. ruling and in advance of other state actions. Would it be considered a charitable gift?
-
Biden Takes Aim at SpaceX’s Tax-Free Ride in American Airspace
President Biden wants companies that use American airspace for rocket launches to start paying taxes into a federal fund that finances the work of air traffic controllers.