Taxes
Customer service, enforcement both seeing revamps with money from 2022âs Inflation Reduction Act.
President Biden has proposed a minimum tax for billionaires of 25%. He has said over 10 years it would raise $500 billion.
Democrats successfully fought to get Trumpâs tax returns public when he was president. That wonât happen now heâs running again.
The largely unregulated industry often sees error-ridden returns and high fees, a justice group alleges.
WHAT'S HAPPENING
Tax experts share some of the biggest mistakes you can make and how to avoid them.
The report highlights how rampant corporate tax dodging and excessive executive pay have become among dozens of major American companies.
The former president reiterated his support Tuesday for Rep. Jodey Arrington, whoâs pushing a commission that could raise taxes and cut entitlements.
The actor reportedly said it's âimmoral for the United States government to charge taxes to the descendants of slaves.â
The cases involve hundreds of millions of dollars of unpaid taxes, the IRS said.
An examination of 342 companies from 2018 to 2022 found the vast majority using loopholes and tax breaks to avoid taxes on profits. Some paid nothing in federal taxes.