Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
As millions of Americans file their income tax returns, their chances of getting audited by the IRS have rarely been so low. The number of people audited by the IRS in 2016 dropped for the sixth straight year, to just over 1 million.
In this March 22, 2013 file photo, the exterior of the Internal Revenue Service building in Washington. As millions of Americans file their income tax returns, their chances of getting audited by the IRS have rarely been so low.
March 4, 2017-Tyler, TX - The IRS has issued an urgent warning about an old scam which has come back with a new twist. The W-2 phishing scam started out targeting large corporations, but has now evolved beyond the corporate world and is targeting school districts, tribal organizations and nonprofits.
Donald Trump's son-in-law Jared Kushner's real estate firm Kushner Cos. owns 17 complexes in Maryland Donald Trump's son-in-law Jared Kushner's real estate firm Kushner Cos.
On Thursday morning, Governor Gina Raimondo and Speaker Nick Mattiello sat together and beamed in the shared success of landing Norwegian Air to T.F. Green . But, by Friday the state's two most powerful leaders were publicly ripping one another over car tax proposals and free college proposals.
U.S. Sen. Susan Collins said on Wednesday she's open to using a subpoena to investigate President Donald Trump's tax returns for potential connections to Russia. Collins, a Republican who has served as a U.S. senator from Maine since 1997, sits on the Senate Intelligence Committee, which is investigating Russian interference in the 2016 election.
State Sen. Ty Masterson, R- Andover denounces a tax bill the Senate passed Friday, Feb. 17, 2017, in Topeka, Kan. State Sen. Ty Masterson, R- Andover denounces a tax bill the Senate passed Friday, Feb. 17, 2017, in Topeka, Kan.
In theory , that is. As long as the GOP remains in control of the House, it will remain a theory: A New Jersey congressman says a rarely invoked 1924 law could be used to examine President Donald Trump's tax returns for possible conflicts of interest and Constitutional violations.
Seattle-based Amazon on March 1 will begin collecting taxes on its sales to Arkansans and paying those taxes to the state government, Amazon spokesman Jill Kerr said Friday. Amazon's announcement came four days after the Arkansas Senate voted 23-9 to approve legislation aimed at persuading Amazon and some other companies that have no physical presence in Arkansas to collect taxes on their sales and remit the receipts to the state.
WASHINGTON The Internal Revenue Service, state tax agencies and the tax industry issued an urgent alert today to all employers that the Form W-2 email phishing scam has evolved beyond the corporate world and is spreading to other sectors, including school districts, tribal organizations and nonprofits. In a related development, the W-2 scammers are coupling their efforts to steal employee W-2 information with an older scheme on wire transfers that is victimizing some organizations twice.
Forcing Amazon and other e-commerce companies to collect Arkansas sales taxes could generate up to $100 million annually in extra revenue, a senator said Wednesday, arguing his plan would put the state in a better position to enact deeper tax cuts in two years. The Senate Revenue and Taxation Committee on Wednesday advanced a proposal that would require out-of-state companies with no physical presence in the state to collect the tax if they sell more than $100,000 worth of products or make at least 200 transactions.
U.S. Rep. Bill Pascrell, Jr. , a member of the Ways and Means Committee, is calling on Ways and Means Chairman Kevin Brady to submit a formal request to the Secretary of the Treasury for President Donald J. Trump's tax returns for each of the past ten years. "The Presidential campaign is over and the fear that a political opponent will try to use tax returns for electoral benefit is passed," wrote Pascrell.
Shortly after President Donald Trump's inauguration, Counselor to the President Kellyanne Conway claimed that false statements coming from the White House were actually "alternative facts." The new administration's disregard for the truth is concerning on many levels, but it is particularly problematic for sound budget policy, which requires an honest evaluation of the cost of new legislation and the nation's overall fiscal health.
Arkansas lawmakers approved Gov. Asa Hutchinson's $50 million low-income tax cut plan on Monday, setting the stage for a debate over deeper tax reductions the Republican has vowed to champion in two years. The proposal to cut taxes for more than 650,000 residents making less than $21,000 cleared the House on a 90-2 vote.
US President Donald Trump spent his first full day in office berating the American media over their coverage of his inauguration, using a bridge-building visit to CIA headquarters on Saturday to air grievances about "dishonest'' journalists and wildly overstating the size of the crowd that gathered on the National Mall as he took the oath of office. Trump said throngs "we... US President Donald Trump spent his first full day in office berating the American media over their coverage of his inauguration, using a bridge-building visit to CIA headquarters on Saturday to air grievances about "dishonest'' journalists and wildly overstating the size of the crowd that gathered on the National Mall as he took the oath of office.
President Donald Trump on Sunday offered a scattershot response to the sweeping post-inauguration protests against his new administration, sarcastically undermining the public opposition and then defending demonstrators' rights a short time later. "Watched protests yesterday but was under the impression that we just had an election! Why didn't these people vote? Celebs hurt cause badly," tweeted Trump, at 7:51 a.m. "Peaceful protests are a hallmark of our democracy.
Two tweets marked his first response to the more than a million people who rallied at women's marches in Washington and cities across the world. WASHINGTON-President Donald Trump on Sunday offered a scattershot response to the sweeping post-inauguration protests against his new administration, sarcastically undermining the public opposition and then defending demonstrators' rights a short time later.
The White House says it's at the "very beginning" of discussing plans to move the U.S. Embassy in Israel from Tel Aviv to Jerusalem. Like many presidential candidates, Trump promised to make the embassy move.
Arkansas Gov. Asa Hutchinson got a cool reception from fellow Republicans when he proposed a tax cut for low-income residents that was more modest than some legislators had hoped. So, he made them a pledge: Pass it now and he'll push for much deeper cuts in two years.
" If you haven't signed up for health insurance, you may soon be getting a not-too-subtle nudge from the taxman. The IRS is sending personalized letters to millions of taxpayers who might be uninsured, reminding them that they could be on the hook for hundreds of dollars in fines under the federal health care law if they don't sign up soon through HealthCare.gov.