“The Republican Millionaires Caucus would rather protect tax giveaways for their big corporate donors and people like themselves than help build a lasting economy that works for everyone.” A new analysis by the government watchdog group Accountable.US finds that two-thirds of GOP senators—and more than 40% of House Republicans—are millionaires who stand to personally benefit from […]
An unprecedented leak of the personal federal tax data of thousands of Americans has turbocharged a debate over wealth inequality in the United States and has tax reform advocates hopeful that a deeper public understanding of how the wealthy avoid taxes will lead to a restructuring of the U.S. tax code. The data, leaked to […]
WASHINGTON – Millions of pages of former U.S. President Donald Trump’s tax returns and business documents have been turned over to New York prosecutors after he lost a 17-month effort to keep investigators from obtaining them. The records, including the federal income tax returns Trump filed with the government’s Internal Revenue Service from 2011 to […]
WASHINGTON — The Internal Revenue Service is reminding those with income from a farming or fishing business can avoid making any estimated tax payments by filing and paying their entire tax due on or before March 1. This rule generally applies if farming or fishing income was at least two-thirds of the taxpayer’s total gross […]