House GOP tax writers call for cuts 'as soon as possible'

Republican tax leaders on Tuesday ramped up pressure on members of other parties to pass tax cuts as a top priority in Congress. “We need to make the Trump tax cuts permanent as soon as possible,” Rep. Jason Smith (R-Missouri), chairman of the Ways and Means Committee, said during the committee's first hearing in the […]
Planned Parenthood chapter provided Harris campaign workspace, breaking tax law: IRS complaint

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60 Boston Workers Quit After IRS Flags False Tax Data

About 60 employees at a Boston-area bakery and restaurant chain have quit after receiving a warning from the IRS about possible fraud on their tax returns. Tatte Chain said the employees quit after being contacted by the Internal Revenue Service about “discrepancies” in the employees' documents where their names, social security numbers and home addresses […]
The ATF Uses Tax Money to Violate Americans’ Rights

On Monday, Rep. Eric Burleson (R-Missouri) called for the abolition of the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), arguing that it uses tax dollars to violate the rights of Americans. strengthened his insistence on In his post to I wrote“ATF is using your tax dollars to violate your constitutional rights. Does that sound […]
Koch-backed group unveils $20M campaign highlighting Trump tax cuts

Americans for Prosperity (AFP), a conservative political action committee backed by Charles Koch, has launched a $20 million advertising blitz to support President-elect Trump's Tax Cuts and Jobs Act (TCJA). announced that it would start. According to AFP news agency in a statement On Monday, the administration announced in a nationwide advertising campaign that President […]
IRS confirms start date for 2025 tax season, but when can you expect to receive your refund? – MLive.com

WASHINGTON — The Internal Revenue Service announced it will begin accepting tax returns two weeks from today, as the 2025 tax season officially begins on Jan. 27. An estimated 140 million individual tax returns are expected to be filed this year, with half of those planning to file a tax return. The IRS says they […]
What is the child tax credit for 2024? Here's what to know for your taxes. – Seacoastonline.com

As any parent will tell you, raising children is expensive, and it's more expensive in some places than others. New Hampshire is the 7th most expensive state to raise a child in the United States, according to a study by New Hampshire. smart assetscosts $27,849. According to the study, the median annual cost is $22,850. […]
Major push to protect, renew Trump tax cuts launched by powerful conservative group

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What is the SALT cap? What to know about Trump's proposed tax deduction change – Daily Mail

President-elect Donald Trump is reportedly open to raising the cap on SALT, a provision of the tax code that overwhelmingly disadvantages wealthy people in blue states. Prior to the Tax Cuts and Jobs Act signed into law by President Trump in 2017, the SALT deduction allowed taxpayers to itemize their deductions and subtract the amount […]
Despite the promises, Labour may have to acknowledge more tax rises are needed | Heather Stewart

IIt's hard to imagine Rachel Reeves having “cut public spending plans” on her New Year's resolution list, but by the end of an eventful week, she's putting out a red pen in case the bond market doesn't calm down. It was clear that he was prepared. On one level, this makes perfect logical sense. After […]