I was lured into the meme stock madness. What do I need to know?The federal government is coming for its share of your winnings. If you were trading in a […]
Federal Taxes (US)
Trending topics and news from the Federal Taxes (US) category
Back to news homeI.R.S. Braces for Another Chaotic Tax Season
WASHINGTON — At the Internal Revenue Service’s sprawling Kansas City, Mo., processing center, teams of clerks earning $15 per hour work through the night, trying to help the agency clear […]
The I.R.S. Warns of Messy Tax Filing Season
WASHINGTON — The federal tax filing season will run from Jan. 24 to April 18 this year, the Internal Revenue Service said on Monday, warning in its announcement that staffing […]
Behind Elon Musk’s Twitter Poll Is a Tax Bill Coming Due
Elon Musk may have already been compelled to sell a sizable portion of his Tesla shares even if he hadn’t issued an unusual Twitter pledge over the weekend. Mr. Musk […]
Pastries and Persuasion: How a Global Tax Deal Got Done
Mr. Grinberg, a tax law professor at Georgetown University who worked in the Treasury Department during the Bush and Obama administrations, was initially viewed with skepticism by some progressives, who […]
Biden’s Plans Raise Questions About What U.S. Can Afford Not to Do
WASHINGTON — As lawmakers debate how much to spend on President Biden’s sprawling domestic agenda, they are really arguing about a seemingly simple issue: affordability.Can a country already running huge […]
In Push to Tax the Rich, White House Spotlights Billionaires’ Tax Rates
WASHINGTON — President Biden is leaning into his push to increase taxes on the rich as he seeks to unify Democrats in the House and Senate behind a $3.5 trillion […]
Proposed Tax Changes Focus on the Wealthy
So how do you define who’s wealthy?The latest proposed tax changes from the House Ways and Means Committee essentially say a wealthy individual is someone who earns $400,000 a year […]
How Accounting Giants Craft Favorable Tax Rules From Inside Government
This year, Mr. Harter returned to PwC.“I fully complied with Treasury Department conflicts rules by not meeting with PwC representatives” during a two-year “cooling off” period that restricts government officials […]
In Social Policy Bill, Businesses See a Lot to Like. They Oppose It.
“People say they’re for this new stakeholder economy, that they’re committed to sustainability,” said Mr. Hollender, now the chief executive of the liberal American Sustainable Business Council. “But at the […]