IRS slashing thousands of employees in heat of US tax season – BBC.com
The Trump administration is cutting more than 11,000 jobs in the Internal Revenue Service (IRS) and the Pentagon as part of its efforts to reduce the size of its federal workforce. The approximately 6,000 layoffs in the IRS began Thursday, coming in the middle of the tax season as millions of Americans filed returns. The […]
Washington’s Uncertainty Tax May Be Already Slowing Growth
There is something interesting about tax policy. The mere possibility that it may change even if it hasn't changed can cause real economic damage. This leads to debate over bonus depreciation. This is a provision that, in the grand tradition of tax policy, Washington has become unnecessary complicated, and now has caused economic uncertainty, subject […]
Rep. Brandon Gill reveals the SHOCKING amount of your tax money funding NPR and PBS
A few weeks ago, Trump-appointed Federal Communications Commission Chairman Brendan Kerr began an investigation into NPR and PBS. It's time. For decades, Republicans have proposed network refunds, but have suggested that they are useless. Now that the investigation has been opened, liberals are furious. After all, these media push the radical left agenda. And they […]
How YOUR tax dollars are being WASTED in Ukraine — will Trump END this?
Unlike Joe Biden, President Donald Trump is not easy in Ukraine. At a press conference at Mar-a-Lago, Trump suggested that Ukraine will cause war in Russia and that a country run by Volodymyr Zelenskyy should hold another election. Later in the Social Post of Truth, he called Zelenkiy a “dictator,” pointing out that billions of […]
DOGE Reportedly Begins Chipping Away At IRS’s Legion Of Tax Collectors
According to Axios, the Internal Revenue Service (IRS) fired dozens of Denver employees on Thursday and launched a broader purging of the agency's workforce. From 120 to 150 Denver IRS workers, most of which were trial versions, were fired in multiple departments, including Collection and Tax Compliance, Patricia Allen and Chapter Chairman of the National […]
$6K child tax credit eyed by bipartisan House lawmakers
A bipartisan group of lawmakers has introduced a bill that will give up to $6,000 per child with tax credits. This is on the right, on the right side, R-Pa. , Ryan Mackenzie, Ryan Mackenzie, Ryan Mackenzie, Sharice Davids, D-Kan. , part of a broader law called the Affordable Childcare Act, led by Suzanne Bonamici. […]
College football country seeks key tax exemption for athletes to enhance recruitment, boost team continuity
Whether fans are rooting for “Roll Tide,” “War Eagle,” “Go-Dawg,” or even “Texas, Fight!”, Deep South lawmakers exempt student-athletes from name image and exemption We are working on the law (nil) income from taxation. Advocates say the move will increase school recruitment capabilities, thereby providing scholars with the necessary economic boosts and leveling out university […]
Howard Lutnick Shares Trump’s Plan To Ax IRS And Shift Tax Burden To ‘Outsiders’
U.S. Secretary of Commerce Howard Lutnick appeared on Fox News on Wednesday to discuss President Donald Trump's plan to dismantle the Internal Revenue Service (IRS) as a step towards tax cuts. Trump's vision, Ratnic I said Jesse Watters Primetime will eliminate the IRS and foreign countries operating under the non-US flag, such as cruise ships […]
Bottom Line: Citibank signs alum as tax fight heats up
As Republicans prepare to pass the first major tax bill since the 2017 Tax Cuts and Employment Act, Citibank I was hired Ernst & Young LLP Lobbying on international and corporate tax-related issues, “including the application of US international tax rules to foreign income of US banks.” Bob Sherhas, Managing Director and Federal Affairs Director […]
Why hasn’t my Colorado tax return been accepted yet? – KKTV
Colorado Springs, CO (KKTV)-11 News is working to get answers to questions many may have about your tax return this week. As of Tuesday night, Colorado had not accepted the state's return. However, there is new information about when Colorado is beginning to accept state tax returns and why it took so long. The good […]