Bogus self-employment tax credit Promoters market this bogus scheme as a way for self-employed people and gig workers to get payments of up to $32,000 for the COVID-19 pandemic period. Postings on ...

On the House side, leaders are struggling to find consensus on a host of hot-button issues, headlined by Medicaid cuts and the state and local tax (SALT) deduction ... on his self-imposed Memorial ...

Rep. Gwen Moore, D-Wisconsin, a member of the tax-writing House Ways and Means Committee, introduced legislation Thursday to expand the Section 199A Qualified Business Income deduction to provide a ...

The additional Medicare tax is a 0.09% tax on taxpayers who make over $200,000 as individuals or $250,000 as married couples. Started in 2013 as part of the Affordable Care Act, it helps fund care ...

such as restoring the state and local tax deduction – known as SALT – that has become another flashpoint in Congress’ tax debate. The new tax bracket would raise about $59.3 billion over a ...

The White House is making a last-ditch push to raise taxes on the wealthiest Americans as part of President Trump’s “big beautiful bill,” as Republican lawmakers craft the final details of ...

A record number of self assessment tax returns were filed in the first week of the new tax year, according to HM Revenue and Customs (HMRC). People filling out self-assessment forms can submit ...

A home improvement loan is a type of personal loan that helps you pay for renovations, repairs and even remodeling. The best loan covers your project's cost and has a rate and term that fit your ...

A truck driver who tried to claim swimwear after a dip while in transit was one of the many improbable tax deduction claims Aussies submitted in 2024 ...