Jul 15 Apple wins EU court case over $15 billion in claimed taxes By Associated Press The EU Commission had ordered Apple to pay for gross underpayment of tax on profits across the European bloc from 2003 to 2014. Continue reading
Apr 15 Millions of Americans are receiving relief payments this week, but who is being left out? By Candice Norwood The majority of Americans are eligible to receive one-time cash payments. But for some, accessing those funds is a confusing and complicated process. Continue reading
Mar 20 Income tax filing deadline postponed three months By Martin Crutsinger, Associated Press Treasury Secretary Steven Mnuchin has announced that the deadline for filing U.S. income taxes has been moved from April 15 to July 15. Continue reading
Mar 18 Q&A — What does 90-day tax payment delay mean for filers? By Sarah Skidmore Sell, Martin Crutsinger, Associated Press The Trump administration has announced that most individuals and businesses will be allowed to delay paying their federal tax bills for 90 days as part of an emergency relief plan amid the coronavirus pandemic. Continue reading
Feb 07 How 2020 candidates plan to tax wealthy Americans more By Steven Pressman, The Conversation Here is a brief look at the tax plans of the top eight candidates in the polls and what economists think about them. Continue reading
Dec 19 Senate advances $1.4 trillion spending deal ahead of the holidays By Andrew Taylor, Associated Press It blends spending increases for both sides — reelection fodder for lawmakers throughout the Capitol — with tax and benefit add-ons that will add roughly $400 billion to the deficit over 10 years. Continue reading
Nov 12 What ending DACA could cost the U.S. economy By Courtney Vinopal DACA has allowed hundreds of thousands of young immigrants to study and work freely in the U.S., allowing them to contribute more to the national GDP and in federal taxes. Continue reading
Oct 31 Trump moves permanent residence from New York to Florida By Associated Press In a tweet, President Donald Trump said he has "been treated very badly" by the leaders of New York City and state. Continue reading
Oct 29 Not all candy is candy, at least for tax purposes By Hayes Holderness, The Conversation What's the difference between Hershey’s milk chocolate bars and Hershey’s Cookies ‘n’ Creme bars? In Illinois tax law, one of them is considered a candy and the other is not. Continue reading
Oct 23 LISTEN: Appeals court hears arguments in Trump tax return case By Associated Press The 2nd U.S. Circuit Court of Appeals did not immediately rule Wednesday, but all three judges greeted a Trump lawyer's claims dismissively. Continue reading