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
Oct 07 Judge rejects Trump's attempt to stop release of his tax returns By Larry Neumeister, Associated Press NEW YORK (AP) — A federal judge rejected President Donald Trump's challenge to the release of eight years of his tax returns for a New York state criminal probe, saying on Monday that he could not grant such a… Continue reading
Oct 04 Watch 3:43 Amid Ukraine furor, IRS whistleblower alleges Treasury wrongdoing The IRS conducts annual audits of the president’s and vice president’s tax returns in a process intended to be protected from politics. But now, a whistleblower is alleging that at least one political appointee at the Treasury Department interfered with… Continue watching
Sep 30 Sanders calls for 'income inequality' tax on businesses By Will Weissert, Associated Press Sen. Bernie Sanders' proposal would raise taxes 0.5 percentage points on companies paying top executives more than 50 times the median salaries of workers. Continue reading
Sep 25 Federal prosecutors given until Monday to join Trump tax return fight By Larry Neumeister, Associated Press The federal judge ordered prosecutors to decide by Monday and submit written arguments by next Wednesday if they want to intervene. Continue reading
Sep 04 New French tax turns Trump and tech giants into strange bedfellows By Courtney Vinopal What does French rosé have in common with American software? Both are wrapped up in a brewing trade scuffle between the U.S. and France, which has spawned an unlikely alliance between the Trump administration and major American tech giants. Continue reading