Tag Archives: taxes and taxation

[ad_1] New York CNN  —  Two Trump Organization entities will be sentenced by a New York judge on Friday for running a decade-long tax fraud scheme, a symbolic moment because it is the only judgment for a criminal conviction that has come close to former President Donald Trump. The two …

[ad_1] CNN  —  As President Joe Biden scored several legislative wins this year, voters across the country headed to the polls in November to decide on local measures. The passage of several of those measures will lead to new state laws this year. And Americans in 2023 will also feel …

[ad_1] Editor’s Note: Edward J. McCaffery is Robert C. Packard Trustee Chair in Law and a professor of law, economics and political science at the University of Southern California. He is the author of “Fair Not Flat: How to Make the Tax System Better and Simpler” and founder of the …

[ad_1] CNN  —  The House Ways and Means Committee has released copies six-years worth of former President Donald Trump’s tax returns, a week after releasing an extensive report that said the Internal Revenue Service failed to properly audit Trump while he was in office. The public release of Trump’s tax …

[ad_1] CNN  —  As the new year begins, a number of popular electric vehicles, specifically some Tesla and General Motors models, could be eligible for $7,500 worth of tax credits they weren’t eligible for in 2022. But that eligibility may last only last a few months. That’s because limitations on …

[ad_1] New York CNN  —  Anyone getting paid for their goods and services through apps like Venmo, PayPal or CashApp, or platforms like Etsy and Airbnb, just got a reprieve from the IRS. Following concerns expressed by the tax community, the electronic transactions industry and some lawmakers, the IRS said …

[ad_1] Minneapolis CNN  —  When the coronavirus pandemic ground the transportation industry to a screeching halt in early 2020, the US government doled out more than $54 billion in aid to help pay employees and keep the systems from buckling. Southwest Airlines received more than $7 billion from that program. …

[ad_1] CNN  —  As Wall Street and Main Street fret about a potential recession, White House officials are projecting confidence about the economy’s ability to weather the storm in 2023. “We’re feeling cautiously optimistic because we are starting to see some real concrete measurable signs of progress,” Aviva Aron-Dine, deputy …

[ad_1] CNN  —  Some things have changed in the two weeks since Hakeem Jeffries learned – from listening to House Speaker Nancy Pelosi’s speech, sitting motionless with an intentional blank expression on his face for those who were watching – that she really was going to step aside. His phone …

[ad_1] Hong Kong CNN Business  —  Protests this week across China show just how unpopular Beijing’s zero-Covid policy has become. Now, even as the country signals it may loosen pandemic controls, it faces another challenge: Local governments charged with conducting mass testing and enforcing quarantine are running short of cash …