As Tax Day nears, fiscally conservative leaders in several states are pushing to abolish property taxes, with one Pennsylvania lawmaker arguing that homeowners shouldn’t have to "pay rent" to ...
If you make less than $150,000 a year, President Donald Trump wants to abolish your taxes, U.S. Commerce Secretary Howard Lutnick said in an interview with CBS on Tuesday. “I know what his goal ...
Journal Editorial Report: New administrator announces, 'the greatest day of deregulation our nation has seen.' Photo: Kent Nishimura/Reuters/Stefani Reynolds/Bloomberg News “American taxpayers ...
The deadline to file your 2024-2025 taxes is April 15, 2025. You can track your refund status through the IRS website or the IRS2GO mobile app. If you miss the April 15 deadline, you can file for ...
Review and Outlook: On the same day Donald Trump announces he's going to resurrect the American shipbuilding industry, Chairman of the Senate Armed Services Committee, Roger Wicker, points out ...
Receiving a big refund at tax time may feel like getting a windfall, but you probably know the old advice that you shouldn’t give an interest-free loan to the government. Yet tax and finance pro ...
When you withdraw money from your Roth IRA, it’s not deductible. But — and this is key — you won’t pay income taxes on it in retirement, subject to certain rules. You can access your Roth ...
While the resolution has opened doors for lawmakers to act on campaign promises to end taxes on tips, overtime wages and Social Security benefits, there is actually, no policy or bill in this ...
A measure to keep the government funded and avert a shutdown passes in the House but has only a few days to pass in the Senate and prevent widespread pain for taxpayers. Thomas is a native of ...
If your RMD exceeds your spending needs, you may find the taxes a significant drag on your finances. Taking advantage of special distributions and conversions can reduce your RMD this year and in ...
The UK is in ongoing discussions with wealthy foreigners about the taxes they pay in Britain, following a backlash against a fresh crackdown on the so-called non-dom regime by Chancellor of the ...
Last week, the Trump administration started laying off about 6,700 I.R.S. employees, many if not most of whom are directly involved in collecting unpaid taxes. Every year, the government receives ...