What did the I.R.S. do with savings and tax brackets limits to ease the sting of inflation?When a dollar buys less than it used to, the I.R.S. lets you put […]
Federal Taxes (US)
Trending topics and news from the Federal Taxes (US) category
Back to news homeThey Went Viral and Made Money. Now They Owe Taxes.
The needs of these creators vary — and fortunes can change quickly. “If you go viral, you might make $80,000 in one month,” Ms. Studley said. “Some clients are 19 […]
How a Hospital Chain Used a Poor Neighborhood to Turn Huge Profits
RICHMOND, Va. — In late July, Norman Otey was rushed by ambulance to Richmond Community Hospital. The 63-year-old was doubled over in pain and babbling incoherently. Blood tests suggested septic […]
Officials Balked at a Drug Company’s Tax Shelter. Auditors Approved It Anyway.
The drug company Perrigo had a problem.Consultants at the giant advisory firm EY had devised an elaborate arrangement that would allow Perrigo, one of the country’s leading makers of nonprescription […]
The Federal Government Subsidizes Abortions. Will That Last?
In the United States, you can get a tax deduction for your abortion if your overall health care expenses are high enough. That didn’t change with the Supreme Court’s ruling […]
Paying Taxes in 2022: What You Need to Know
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 […]
I.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 […]