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Taxes

Economy 2021-04-13T00:33:34Z

Top GOP senator says it's 'an impossible sell' for Republicans to strike a deal on an infrastructure package that rolls back Trump tax cuts

Sen. Roger Wicker says Republicans oppose repealing parts of their 2017 tax law. Biden wants to fund his massive jobs plan with corporate tax hikes.
Economy 2021-04-12T20:58:33Z

4 reasons the Democratic push for a huge infrastructure package will be tougher than the stimulus scramble

The path ahead for Democrats on upwards of $3 trillion of infrastructure spending looks different from the one that produced a $1.9 trillion stimulus.
Economy 2021-04-12T15:43:34Z

A majority of CEOs say Biden's proposed corporate tax hike could undo the economic gains from Trump's cuts

Executives surveyed by the conservative Business Roundtable overwhelmingly opposed the proposed increase, even as others like Amazon support it.
Premium Small Business 2021-04-12T14:18:30Z

Tax day is here: When business owners should file and how to get an extension if you need more time

There are opportunities for small business owners to receive new tax credits or deductions this year.
Economy 2021-04-08T21:07:46Z

CEO group says Biden should stick to 'real infrastructure' and 'leave the rest of the stuff for something else'

Business Roundtable CEO Josh Bolten told Bloomberg he still favors a "substantial amount" of Biden's plan but certainly not corporate tax changes.
Economy 2021-04-08T15:54:09Z

65% of voters support corporate tax hikes to pay for Biden's infrastructure plan, new poll finds

A Morning Consult poll found separate from infrastructure, 85% of Democratic and 59% of Republican voters agree corporations should pay higher taxes.
Transportation 2021-04-08T14:45:00Z

Why cars in Tunisia cost twice as much as they do in the US

Cars in Tunisia are among the priciest in the world, with used cars costing almost twice the market value. One company is trying to change that.
Economy 2021-04-06T21:37:14Z

Millionaire New Yorkers are now set to pay the highest taxes in the country

Gov. Andrew Cuomo finalized a proposal Tuesday that puts a 13.5% to 14.8% local and state tax on New York City's highest earners.
Economy 2021-04-06T18:22:23Z

Janet Yellen wants a global minimum tax rate. Here's what that means for the US and the world.

On Monday, Treasury Secretary Janet Yellen said in a speech that she supports a global minimum tax rate. It could make companies worldwide pay up.
Premium Politics 2021-04-06T14:44:39Z

Here are 9 hurdles Biden's infrastructure plan would have to overcome in Congress before it can become law

Although infrastructure is typically considered a bipartisan issue, Republicans have already dismissed Biden's plan. Any chance for it becoming law hinges on all Capitol Hill Democrats sticking together.
Opinion 2021-04-06T14:29:00Z

Despite the backlash, Pete Buttigieg's idea to tax drivers by the mile to help pay for infrastructure is actually a step in the right direction

If we're going to sufficiently pay for infrastructure, we must find new ways to do so. A mileage tax could be a step in the right direction.
Personal Finance 2021-04-05T20:10:44Z

The latest tax scam is targeting people with '.edu' email addresses. Here's what to look out for.

Emails targeting college students and staff with a ".edu" email address urge them to submit personal details to claim their tax refund.
Personal Finance 2021-04-05T17:01:59Z

Community Tax review: Get organized, expert help to pay your federal or state tax debt

Community Tax specializes in tax resolution, and is a strong option for people who might qualify to reduce their debt based on financial hardship.
Personal Finance 2021-04-05T16:18:45Z

Jackson Hewitt review: A straightforward way to file taxes online or with a pro if you don't qualify for free filing

Jackson Hewitt offers a DIY plan for federal and state tax returns at $49, and a full-service expert option that's cheaper than some competitors.
Personal Finance 2021-04-05T16:13:13Z

How much does TaxSlayer cost? Here's how much you'll pay to prepare and file your tax return.

TaxSlayer offers four tax-filing plans, including a free federal and state option for basic tax situations.
Economy 2021-04-05T14:21:47Z

How Joe Biden and Janet Yellen want to transform global taxes

Biden needs to raise revenue, but other countries with lower corporate taxes could lure multinationals away. The Treasury Secretary is on the case.
Personal Finance 2021-04-02T20:26:07Z

Credit Karma Tax vs. TurboTax: How the online tax-filing services compare

Credit Karma Tax and TurboTax help people file income taxes quickly and accurately online. Both services are good — the biggest difference is price.
Personal Finance 2021-04-02T18:47:59Z

Gift tax rates can be as high as 40%, but it's rare a giver has to pay

Gift tax may apply to large gifts of cash or other property. How much you pay depends on whether you have used up your lifetime exemption.
Personal Finance 2021-04-02T16:49:27Z

My husband and I are separated and share custody of our 4 kids — who gets the new child tax credit payments?

In this week's "Ask a Financial Planner" column, we answer a question from a single mother: How do I make sure I get the child tax credit payments?
Premium Politics 2021-04-02T15:04:14Z

He's back: Tax scourge Grover Norquist digs his heels in against Biden's infrastructure spending but may pitch in on immigration reform

Brokering a bipartisan immigration deal may be the greatest challenge yet for Norquist, a Reagan acolyte who has for decades relished being a headache for Democrats.
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