Taxation – Page 28

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

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

Daniel Werfel is expected to defend the administration’s plan to modernize the agency at his confirmation hearing on Wednesday.

By Alan Rappeport

The agency offered the guidance that it had asked millions of taxpayers in 21 states to wait for before filing their returns.

By Tara Siegel Bernard