IRS makes free tax return program permanent and is asking all states to join in 2025 – The Associated Press
WASHINGTON (AP) — The IRS is offering free Electronic Tax Return Filing System The company is piloting the program this year and is asking all 50 states and the District of Columbia to help taxpayers file their taxes through it in 2025. The I.R.S. Direct File Projects for the 2024 tax season Limited to 12 […]
Trump tax cut extensions keep getting more expensive: Analysis
A new analysis from the Committee for a Responsible Federal Budget, a Washington think tank, finds that cost estimates for extending the Trump tax cuts have risen every year, but it’s not clear why. According to current projections from the Joint Committee on Taxation and the Congressional Budget Office, extending the expiring Trump tax cuts […]
Kansas Gov. Kelly to call special legislative session over tax cuts
Kansas Gov. Laura Kelly announced Wednesday that she will call a special legislative session to consider tax cuts, beginning June 18. The move comes after the Democratic governor rejected three Republican tax-cut plans this year, setting up a key election-year fight with the Republican-controlled Kansas Legislature. “I am committed to working with the Legislature to […]
WILFORD: ‘Taxachusetts’ Feels Millionaire Tax Sugar Rush, But The Crash Is Coming
This past tax year marked the first year in which Massachusetts’s new “millionaire tax” — a four percent surtax on income over $1 million earned in the state — hit Massachusetts taxpayers. With the new revenue rolling in, the surtax’s proponents have begun to declare victory over critics who warned that the tax would only […]
Republicans prepare to fast track Trump tax cut extensions in reconciliation
Republicans are preparing to fast-track an extension of the Trump tax cuts through the reconciliation process if they win a landslide victory in November. Nearly seven years after Republicans used budget reconciliation to pass the Tax Cuts and Jobs Act (TCJA), the party is preparing to use the same method to renew key provisions set […]
‘Irish Gay Rights’ And ‘Trans Reproduction’: Your Tax Dollars Are Funding A Laundry List Of Left-Wing Books
American tax dollars are funding an array of book projects covering topics like “trans reproduction” and the “neglected queer history” of homosexuality in post-colonial Ireland, federal records show. The National Endowment for the Humanities (NEH) spends hundreds of thousands of tax dollars a year funding academics to write full-length books on a variety of subjects, […]
STEPHEN MOORE: Here’s Five Super Obvious Reasons To Make Trump’s Tax Cuts Permanent
No issue defines the diametrically opposite economic philosophies of Joe Biden and Donald Trump more than their position on the Trump tax cuts. Trump wants to make those tax cuts permanent; Biden has repeatedly promised to tax America back to prosperity by repealing the Tax Cuts and Jobs Act. But there are so many factual […]
Oil Lobby Working With Republicans Behind The Scenes To Push ‘Gateway’ To Carbon Tax
America’s leading oil and gas trade group is working behind the scenes with moderate House Republicans to build support for a bill that critics say could lead to a domestic carbon tax, according to an email obtained by the Daily Caller News Foundation and sources familiar with the matter. On May 14, Chris Boness, the […]
California House Republicans press Newsom to suspend gas tax increase
EXCLUSIVE — A group of House Republicans from California are urging Gov. Gavin Newsom (D-CA) to suspend the state’s annual gas tax increase as residents grapple with the nation’s highest gas prices in the country. In a letter sent to Newsom on Thursday, all 11 House Republicans from California urged Newsom to suspend a pair […]
Hunter Biden tax trial postponed to September
The federal judge presiding over Hunter Biden’s criminal tax trial in California sided with his eldest son’s lawyer and moved the trial from June to September. Judge Mark Scalsi of the U.S. District Court for the Central District of California heard arguments Wednesday at a pretrial hearing after Hunter Biden’s lawyers requested a delay in […]