Coloradans will be able to file their federal tax returns online for free beginning in 2026 – The Denver Post
Coloradans will soon be able to file their federal income taxes directly online for free under a program created by the Controlling Inflation Act. Starting with the 2025 tax year (filings are due in early 2026), Colorado residents will be able to IRS Free Direct File Program You can now file your state and federal […]
Apple, Google owe whopping tax bills due to EU’s crackdown on Big Tech
Michael Lee, founder of Michael Lee Strategy, analyzes Nvidia's stock valuation and the market impact of the EU antitrust fine. Apple and Google each suffered defeats on Tuesday in their defense against European Union efforts to curb the dominance of big tech companies. The European Court of Justice, the European Union's highest court, sided with […]
Kamala Harris Falsely Claims Trump Would Impose A National Sales Tax
CLAIM: Kamala Harris on Tuesday night slammed Donald Trump for proposing a national sales tax. Harris referred to the “Trump sales tax” and claimed it would increase prices of goods by 20 percent. Verdict: False. President Trump has not proposed a national sales tax. Harris was likely referring to Trump's proposal to raise tariffs on […]
Wall Street anxious Kamala Harris tax plan will crater corporate earnings: report
Democratic candidate Vice President Kamala Harris has reportedly pledged to raise taxes if she wins the November presidential election, raising concerns on Wall Street that it could hit corporate earnings. Harris has been criticized for taking too long to announce her policy proposals and for avoiding interviews with the press, but she has been clear […]
FACT CHECK: Fact-Checking Harris’ Claim That Trump Wants To Impose A ‘National Sales Tax’
At a campaign event in Pittsburgh on September 2, 2024 Democratic candidate Vice President Kamala Harris Claimed Former President Donald Trump, a 2024 Republican candidate, wants to impose a nationwide sales tax on everyday items, which would cost the typical American family about $4,000 a year. Verdict: No evidence According to multiple sources and comments […]
Tim Walz’s China travel company was shut down over a $26 tax: report
Democratic vice presidential candidate Tim Walz's China tourism company was reportedly dissolved by the state of Nebraska in 1998 for failing to pay a $26 business operations tax. The Minnesota Governor's for-profit enterprise, Educational Travel Adventures, which catered to student groups wanting to travel to Communist China, was shut down by the Nebraska Secretary of […]
Record Number of UK Millionaires Set to Flee Amid Looming Tax Raids
Around 10,000 billionaires are expected to flee the UK this year amid expected tax enforcement measures by the left-wing Labour government of Sir Keir Starmer. The previous Conservative government of Rishi Sunak introduced the highest tax levy since the Second World War, mainly to repay debts incurred during the coronavirus lockdown, but Labour's autumn budget […]
Trump tax cuts expire after 2025. Here's how the presidential election could affect your taxes – CNBC
As the presidential election approaches, experts are sounding the alarm about the looming expiration of the Tax Cuts and Jobs Act of 2017 (TCJA). Without congressional action, trillions of dollars in tax cuts enacted by former President Donald Trump through the TCJA will expire after 2025. The outcome of the 2024 election will determine which […]
Bank of London’s heavyweight board caught unawares by unpaid tax bill – Financial Times
Stay up to date with free updates Just sign up UK Bank myFT Digest – delivered straight to your inbox. The London bank's board and new management were not aware of the outstanding debt to the U.K. tax authority until HM Revenue and Customs applied to put the holding company into liquidation on Thursday, according […]
September tax filing deadline looms – except in these disaster areas
(NEXSTAR) – The September deadline for estimated tax payments is fast approaching, but the Internal Revenue Service (IRS) says taxpayers who live in designated disaster areas across the U.S. will be automatically granted a tax deferral. For people who don't have an employer that withholds a portion of their paycheck, September 16 is the deadline […]