fritters away some $4.1 trillion in federal revenue between now and 2034, by extending Trump’s 2017 tax cuts. That’s horrible fiscal policy for a host of reasons. First and foremost ...

Talks over raising the $10,000 federal cap on state and local tax (SALT) deductions remain deadlocked in Congress. High-tax state Republicans, including several from New York, are warning that failure ...

Christina Moles, a/k/a Tina Lashley, 50, Redkey, Ind., has been sentenced to 18 months in federal prison followed by three years of supervised release after pleading guilty to wire fraud and aiding ...

IRS standards prevent presidents from interfering with the federal tax agency’s decisions, though the department’s commissioner reports to the Treasury Secretary. As of Friday morning ...

By Matthew Mpoke Bigg and John Yoon Harvard, like many American colleges and charities, enjoys a federal tax exemption, a status granted by the Internal Revenue Service that allows the wealthy Ivy ...

(The Center Square) – Georgians could have a $2,680 tax increase if Congress lets the 2017 Tax Cuts and Jobs Act expire by the end of the year, according to a study by the National Taxpayers ...

You might have heard about eliminating tax on overtime at the federal level. Overtime workers are entitled to 1.5 times their regular rate for working more than 40 hours per week. However ...

ALBANY — Congress is negotiating a budget that includes a slew of potential tax cuts, but the big question for Long Islanders is whether federal lawmakers can alleviate the cap on state and ...

President Trump's proposed plan would only eliminate federal Social Security taxes. The U.S. Congress would need to approve the proposed plan and amend the current tax code to eliminate the ...

The U.S. first implemented a progressive income tax system in 1862 to fund the Civil War, but the modern framework took shape with the 16th Amendment in 1913. The amendment gave the federal ...

A business owner in East Lyme has pleaded guilty to a tax offense after paying her employees in cash and failing to fully report their wages to the state or federal governments. According to the U ...

“I filed 2 months ago and received my federal about 5 weeks after and no state yet,” they said. “No idea why it’s taking so long.” Some tax refunds could be delayed if a taxpayer ...