Trump Treasury confirms its eyeing IRS for ‘streamlining’ shake-up as tax season heats up
Fox News Digital learned Wednesday while the Trump administration's Treasury department is squeezing the “wide range” possibilities that could streamline the Internal Revenue Service as reporting up to half of IRS staff could end. “In line with the Trump administration's focus on efficiency and reducing deficits, the Treasury Department is considering a wide range of […]
Trump Proposes Making Loan Payments Tax Deductible for American-Made Cars
President Donald Trump doubled his proposal to make loan tax deductible on American-made cars. Trump repeated his vision during his joint speech to Congress on Tuesday, speaking about his entire tax system. “I also want to deduct car loan tax-deductible interest, but that's only if the car is made in the US,” he said. Trump […]
Democrats Who Vote Against Tax Cuts Will Never Get Elected Again
President Donald Trump addressed a joint Congressional meeting at the U.S. Capitol on Tuesday evening, where he told Democrats he would never be elected again if he refused to vote for Americans to cut taxes. “The next step in our plan to provide the greatest economy in history is for this Congress to hand over […]
‘We Are Sliding Towards A Recession’: Newt Gingrich Sounds Alarm About Need For GOP To Pass Tax Cuts
Former Republican House Speaker Newt Gingrich warned on Monday that Republicans must either pass tax cuts by July 4th or risk a recession that will cost them control their home in 2026. On February 25, House Republicans advanced a budget resolution at the end of 2025 to extend President Donald Trump's first term tax cuts. […]
The Guardian view on a tax war: the world must unite against American obstruction | Editorial
dTirede in Onaldo Trump's oval office on Friday exposed his instincts and bullyed him – even allies like Ukraine, who appear to be fighting for their survival – dare to oppose it. The United Nations' push for global tax reform is seeing the US's demands for conquest unfold clearly. His The Threat of Day One […]
Email shows that Musk ally is moving to close office behind free tax filing program at IRS – The Guardian US
Elon Musk Ally, set up in the US government, said in a late-night email on Saturday that the office behind the popular free online tax returns will be closed and its employees will be let go. The 18th floor office within General Services Administration (GSA) has created an IRS direct file program that allows free […]
The deep-state SCAM: How YOUR tax dollars are funneled to radical left groups
Americans may wonder how the left-wing and Soros-backed organizations seem to have bottomless money. That's because they do. Left groups like the Tides Foundation receive taxpayer dollars from our own government. GlenbeckSomeone explained in the episode of “Glen Television,” “the overall purpose of the tide is a progressive, left-wing dark money machine” and in the […]
PA Business Owner Pleads Guilty to Illegal Immigrant Employment Tax Scam
The owner of the Pennsylvania immigration and employment agency has pleaded guilty to unlawful alien and $3 million in tax fraud, the IRS reported Monday. Andy Ha, owner and operator of the Prosperity Service Service for an immigrant Staffing Company, has harbored illegal aliens for illegal profits and has pleaded guilty to failing to pay […]
You can still lower your 2024 tax bill or boost your refund with these moves – CNBC
pra-chid | istock | Getty Images With the tax season going well, you may be eager to find strategies to cut taxes in 2024 or boost your refunds. However, there are limited options, especially in cases where we say it.”W-2 employee“Who earns wages, experts say. “There has been a 'very small' tax move last year,' […]
Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say – CNBC
Valentinrussanov | E+ | Getty Images In the face of cuts, some taxpayers are considering whether to file returns for this season. But I'll skip your federal submission It may cost youexperts say. Josh Youngblood, a registered agent and owner of Dallas-based tax company Youngblood Group, said that he had several clients when asked if […]