News

Biden admin spent hefty sum of US tax dollars to upgrade embassy swimming pools in Iraq, Russia
Biden administration spent over $1.2 million in taxpayer funds renovating swimming pools at U.S. embassies in war-torn ...
Are we getting a stimulus check in July? IRS tax, inflation refund checks status update
Are we getting a stimulus check in July 2025? Here's status on stimulus check and inflation refund, how to track IRS checks ...
Trump's 'no tax on tips' sparks questions for workers: 'We're looking at a crystal ball,' expert says
President Donald Trump's "big beautiful bill" includes a section for "no tax on tips." Now that the provision is enacted, ...
Trump's auto loan tax break could save working class buyers thousands, experts say
Washington — A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred ...
Most US adults think the GOP tax bill will help the wealthy and harm the poor, poll finds
About two-thirds of U.S. adults expect the new tax law will help the rich, according to the poll from The Associated ...
Whatever happened to tax simplification?
Once upon a time, the idea of simplifying the federal tax code enjoyed widespread bipartisan political support. Times have ...
The U.K. Closed a Tax Loophole for the Global Rich. Now They’re Fleeing.
Instead of paying up, wealthy expats are getting out—sparking questions about whether the move will raise any money at all.
New tax law increases big beyond-the-grave tax break for the wealthy
The OBBA did not change the federal tax rates imposed on the taxable portion of estates. They’re set on a graduated scale, from 18% to 40% with the initial portion above the exemption level taxed at ...