Taxation – Page 15

I.R.S. Unveils $80 Billion Plan to Overhaul Tax Collection

The 10-year strategy document outlines a focus on taxpayer services and enforcement efforts on the rich.

By Alan Rappeport

Biden, Joseph R Jr Federal Budget (US) High Net Worth Individuals National Debt (US) Tax Credits, Deductions and Exemptions Taxation United States Economy United States Politics and Government

Biden’s $6.8 Trillion Budget Proposes New Social Programs and Higher Taxes

The president proposed trillions of dollars in new spending that has no chance of passing a Republican House, even as he sought to reduce deficits by raising taxes on business and the rich

By Jim Tankersley

Biden, Joseph R Jr Federal Budget (US) Internal Revenue Service National Debt (US) Politics and Government Rebates and Refunds States (US) Tax Credits, Deductions and Exemptions Taxation United States Economy

IRS Decision Not to Tax Certain Payments Carries Fiscal Cost

The Biden administration has opted not to tax state payments to residents, a decision that could add to the nation’s fiscal woes.

By Linda Qiu and Alan Rappeport

Berkshire Hathaway Inc Buffett, Warren E Company Reports Letters Stock Buybacks Stocks and Bonds Taxation

Berkshire Hathaway Reports Major Investment Losses in 2022

After a $22.8 billion loss, Warren Buffett called the figure “100 percent misleading” and urged shareholders to focus on his empire’s overall health.

By Michael J. de la Merced

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