Tag: Personal taxes
Biden’s corporate tax plan takes aim at income inequality
WASHINGTON — From John Kennedy to Ronald Reagan to Donald Trump, American presidents have taken aim at corporate America's tax-avoidance schemes before — and...
Explainer: Capital gains tax hike targets wealthy investors
NEW YORK — After massive U.S. government spending helped send the stock market back to record heights, with even more potentially on the way,...
Edmunds: 5 smart ways to use your tax return on a car
Tax season will be coming to a close later than usual this year, due to the May 17 extended deadline. Until that time, you...
Foxconn deal with Wisconsin lowers tax breaks to $80 million
MADISON, Wis. — Foxconn Technology Group will be eligible for just $80 million in taxpayer subsidies under a new contract signed Tuesday, down from...
Stimulus payments headed to Social Security recipients soon
Social Security recipients and other federal beneficiaries who don't normally file a tax return should expect their coronavirus relief payments soon.
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Liz Weston: If you need to find tax help, try DIY first
Getting help from the IRS this tax season is going to be a challenge.
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$500M fund to help Detroit neighborhoods, pay tax debt
DETROIT — A $500 million fund aimed at improving Detroit neighborhoods over the next decade is kicking off its efforts by spending $15 million...
COVID tax break could open door to student loan forgiveness
The tax break on college debt cancellations in the COVID-19 relief package signed last week by President Joe Biden has removed a potential roadblock...
Subpoenas target Baltimore’s top prosecutor, city councilman
BALTIMORE — Federal prosecutors have launched a criminal investigation into the finances of Baltimore's top prosecutor and her husband, who is city council president.
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Treasury: $242 billion in new relief payments already sent
WASHINGTON — The Treasury Department says it has sent out 90 million economic impact payments totaling $242 billion since President Joe Biden signed a...