Tag: Tax reform
GOP law cut Big Pharma tax rates by 40%, Senate report says
(L-R) Richard A. Gonzalez, chairman and CEO of AbbVie Inc., Pascal Soriot, executive director and CEO of AstraZeneca, Giovanni Caforio, chairman of th [...]
What the pro-business tax agenda is chasing in a changing Congress
Sunrise hits the U.S. Capitol dome on September 30, 2021 in Washington, DC.Chip Somodevilla | Getty Images News | Getty ImagesMain Street could find i [...]
What 5 key personal finance issues mean for you
As Americans head to the polls, several key personal finance issues are weighing on voters' minds and wallets.This week, the Federal Reserve enacted i [...]
As number of billionaires climbs, new calls for wealth taxes emerge
A mobile billboard calling for higher taxes on the ultra-wealthy depicts an image of billionaire businessman Jeff Bezos, near the U.S. Capitol on May [...]
How companies like Amazon, Nike and FedEx avoid paying federal taxes
The current United States tax code allows some of the biggest company names in the country to not pay any federal corporate income tax.In fact, at lea [...]
There’s a growing interest in wealth taxes on the super-rich
Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021.Greg Nash | Pool | ReutersAmericans increasingly [...]
Meet Erin Collins, National Taxpayer Advocate for the IRS
Erin M. CollinsSource: Erin M. CollinsIf you're one of the millions of Americans grappling with IRS issues, you may not realize there's another option [...]
Cash-rich states are slashing taxes amid revenue windfalls
Anchiy | E+ | Getty ImagesAnd this year, at least a dozen states have made cuts or are eyeing reductions, including both temporary and permanent measu [...]
What to know before filing business taxes for the first time
In 2021, amid the ongoing pandemic and "Great Resignation," Americans filed a record 5.4 million applications for new businesses, according to data fr [...]
It is unclear how Biden will defend some companies from tax hikes
President Joe Biden speaks throughout a joint session of Congress on the U.S. Capitol on April 28, 2021.Bloomberg | Bloomberg | Getty PhotographsSo [...]
Time is nearly up for maximizing this scorching new tax play
An indication displayed on Bruckner Constructing reads 'Industrial Area Accessible' within the Port Morris neighborhood of the Bronx borough of New [...]
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