As Democrats try to find a way back to power in Washington, some see tax cuts as a quick and easy way to address affordability. The wonks are freaking out.
Category: Taxation
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Trump Increased Tax Refunds, but a Political Challenge Still Looms
While last year’s tax law has raised the average I.R.S. refund, the boost is less than the White House expected — and may not have much impact on voters.
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Can This Russian Bakery Survive a 3,500% Tax Increase?
The challenges faced by a small-business owner near Moscow highlight how Russia’s war-drained economy is on the doorstep of a major crisis.
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As Gas Prices Spike, California Is Hit Hardest
A gallon has climbed to nearly $6 in the state, about $2 above the national average.
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How Epstein Helped Solve a Billionaire’s Problems With Women
The Wall Street titan Leon Black paid Jeffrey Epstein $170 million for what he said was tax and estate work. But his services went beyond that.
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The I.R.S. Is Phasing Out Paper Checks. Here’s How to Speed Your Refund.
President Trump has directed that most federal payments be issued electronically, including tax refunds. Last year nearly 10 million people got their refund via a paper check.
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The I.R.S. Is Phasing Out Paper Checks. Here’s How to Speed Your Refund.
President Trump has directed that most federal payments be issued electronically, including tax refunds. Last year nearly 10 million people got their refund via a paper check.
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With Iran War, Trump Risks Stepping on Gains From His Own Tax Cuts
President Trump’s war in Iran has raised some costs just as many Americans are starting to see savings from last year’s tax cuts.
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The Tax Bill Haunting Your 401(k) and I.R.A.
Most people have piled their savings into tax-deferred accounts, delaying taxes until they retire. Using Roth options can help ease your tax bite.
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California’s Billionaire Tax Battle
Wealthy residents of the state have put millions of dollars toward stopping a proposed 5 percent tax on their assets.
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Have a Montana License Plate in California? Officials Have an Eye on You.
Since 2018, Californians have bought luxury vehicles worth over $20 million in sales-tax-free Montana, exploiting a loophole that avoided millions of dollars in levies, an investigation revealed.
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Trump Signals Opposition to Tariff Refunds, Hinting at Legal War to Come
One week after the Supreme Court invalidated President Trump’s tariffs, he suggested that his administration could try to relitigate a case that was decided 6 to 3.