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By News Desk
The Internal Revenue Service is responsible for more work but has been given fewer resources to do it, causing delays in response, said IRS Commissioner Charles Rettig before the House Subcommittee on Government Operations on Thursday.
By Hannah Grabenstein
Tax season this year could get complicated. Here’s what filers need to know as this year’s April 18 filing deadline approaches.
By Josh Boak, Associated Press
President Joe Biden is releasing a budget blueprint that tries to tell voters what the diverse and at times fractured Democratic Party stands for.
By Wilson Ring, Associated Press
Minimum wage increases, animal protections, police accountability, cutting and increasing taxes are all part of a series of new laws taking effect across the country on Saturday, the first day of 2022.
President Joe Biden is trying to break a logjam with Republicans on how to pay for infrastructure. He's proposing a 15% minimum tax on corporations and the possibility of revenues from increased IRS enforcement of unpaid taxes.
By Associated Press
President Joe Biden says he’s “not looking to punish anybody” but does plan to raise taxes on the wealthiest Americans.
Speaking at a carpenters union training center in Pittsburgh, Biden promised results as grand in scale as the New Deal or Great Society programs that shaped the 20th century.
China is one of only three foreign nations — the others are Britain and Ireland — where Trump maintains a bank account, according to a New York Times analysis of the president’s tax records.
By Hari Sreenivasan, Sam Weber, Connie Kargbo
In the central Ohio city of Lancaster, the onslaught of the COVID-19 pandemic stretched already thin public safety resources. Despite aid from the federal CARES Act, city officials say they need more revenue to fund the fire department and police…
By Aamer Madhani, Deb Riechmann, Associated Press
Revelations that President Donald Trump is personally liable for more than $400 million in debt are casting a shadow over his presidency that ethics experts say raises national security concerns he could be manipulated to sway U.S. policy by organizations…
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