With the passage of deep tax cuts late last year, annual U.S. budget deficits are expected to balloon over the next decade, the nonpartisan Congressional Budget Office said Monday. The independent financial scorekeeper said that the long-term U.S. debt, now more than $21 trillion, could soar to more than $33 trillion by 2028, with increasing […]
An American-Samoan woman living in Anchorage was sentenced in federal court for filing fraudulent tax returns on Tuesday, U.S. Attorney Bryan Schroder revealed. 54-year-old Corina F. Ifopo was sentenced to two years in prison followed by three years of supervised release by Chief U.S. District Judge Timothy M. Burgess on Tuesday following her guilty plea […]
WASHINGTON, D.C. | The National Congress of American Indians (NCAI) and South Dakota Tribal Nations today filed an amicus brief before the U.S. Supreme Court in South Dakota v. Wayfair, Inc., a case that could greatly affect tax policy in Indian Country in South Dakota and nationwide. While the brief supports neither party to the […]
President Donald Trump threatened on Saturday to impose a tax on European cars if the European Union chooses to retaliate against his plans to place tariffs on imported steel and aluminum. In a tweet Saturday morning, Trump said the U.S. had an “$800 Billion Dollar Yearly” trade imbalance because of “very stupid” trade deals and […]