taxes

President Donald Trump’s proposed payroll tax cut is a threat to Social Security no matter how he casts it

Rhode Island mistakenly sent more than 175 tax refund checks signed by Walt Disney and Mickey Mouse

People took to the streets to push for billionaires tax to help families, Gilma Avalos reports.

A European Union high court has ruled that technology giant Apple does not have to pay 13 billion euros ($15 billion) in back taxes to Ireland, as the EU’s executive commission wants

The U.S. Supreme Court ruled that a New York grand jury can subpoena President Trump’s tax returns, but separately said lower courts needed to reconsider whether Congress could subpoena his financial records. The 7-2 ruling in the New York grand jury case, written by Chief Justice John Roberts, says “Article II and the Supremacy Clause do not categorically preclude,...

SCOTUS ruled that President Trump’s tax records can be made public as part of probe to see if Trump paid off women prior to the election, Chris Glorioso reports.

The U.S. Supreme Court upheld the Manhattan district attorney’s demand for President Donald Trump’s tax returns, voting 7-2 that a New York grand jury can subpoena the president’s financial documents. In a separate ruling, the justices kept a hold on Trump’s financial records that Congress has been seeking, sending the case to lower courts.

The bad blood between House Democrats and the Trump administration is growing by the day, with a court battle all but ensured now that the Treasury Department has formally denied the Ways and Means Committee’s request for President Trump’s tax returns.

Uncle Sam has heard your requests for more time to file your taxes – and they have been denied. The Treasury Department and the IRS will stick with the July 15 deadline for 2019 income tax returns and taxes owed for that year, the agencies said. The announcement came less than a week after Treasury Secretary Steven Mnuchin said that…

The interest is a sweetener for individuals who have been waiting months for a tax refund — because they either filed paper returns or require additional verification with the taxman — and have been stymied by the agency’s gradual return to operations amid the coronavirus outbreak.

People working from home can start taking stock of some new expenses that might be deducted when they do their taxes next year. Danielle Mackey, a certified public accountant, explains what you can do right now to start preparing your tax returns.

The Supreme Court appears likely to reject President Donald Trump’s claim that he is immune from criminal investigation while in office

If you got a refund from college for room and board or other expenses, consider yourself lucky. But beware of the potential tax bite. As colleges and universities across the U.S. remain closed in an effort to slow the spread of Covid-19, refunds for meals or housing have varied from school to school. Still, when it comes to what you should do...

Frantically working on your taxes to meet today’s filing deadline? Stop. Go have another cup of coffee, and relax. In most cases, you don’t have to file today, or anytime soon either. April 15 was supposed to be tax day, but due to the coronavirus pandemic, that’s changed at the federal and many state levels. Here’s the latest guidance...

You’ll now have an extra 90 days, until July 15, to file and pay your federal income taxes. You are still allowed to file for an extension until October 15, just as you can during any other year. To do that, you have to file the extension form by April 15. The changes have rolled out over the course of the...

The income tax filing date has been pushed back from April 15, to July 15, Treasury Secretary Steven Mnuchin said. Mnuchin announced the decision in a tweet Friday saying that at President Donald Trump’s direction “we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments…

The Trump administration has announced that most individuals and businesses will be allowed to delay paying their federal tax bills for 90 days as part of an emergency relief plan amid the coronavirus pandemic

David Shulman, senior economist with the UCLA Andersen Forecast, explains how tax deferments are just the start of measures the federal government will need to keep the U.S. economy from slipping into a much worse situation.

President Donald Trump and the Coronavirus Task Force gave updates on the coronavirus pandemic on Tuesday, urging people to heed the CDC guidelines for at least 15 days and act with an abundance of caution. Secretary of the Treasury Steve Mnuchin later announced an IRS tax deferral for those who owe taxes.

Millions of households that hustled to get their tax returns to the IRS early could be waiting until March for their refunds. If you’re claiming the additional child tax credit or the earned income tax credit, the IRS cannot issue your refund before mid-February.