IRS announces sweeping effort to restore fairness to tax system …
IRS announces sweeping effort to restore fairness to tax system with Inflation Reduction Act funding; new compliance efforts focused on increasing scrutiny on high-income, partnerships, corporations and promoters abusing tax rules on the books.
Trump proposes eliminating the income tax. Here's what ... - ABC News
Oct 28, 2024 · Envisioning a far-reaching policy, Trump has proposed a tax of between 10% and 20% on all imported products. Earlier this month, he told the audience at the Economic Club of Chicago that such a ...
Tax reform news - Internal Revenue Service
Tax reform news. Get the latest news about the Tax Cuts and Jobs Act. Here you’ll find tax reform news releases, fact sheets, statements and much more.
Tax updates and news from the IRS | Internal Revenue Service
Taxpayers face a number of issues due to critical tax law changes that took place in 2022 and ongoing challenges related to the pandemic. The IRS continues to share updated information for people preparing to file their 2022 tax returns as well as anyone who has previous year tax returns awaiting processing by the IRS.
House passes $78B tax bill in rare bipartisan vote - POLITICO
Feb 1, 2024 · The House passed bipartisan tax legislation Wednesday evening that would expand the Child Tax Credit and restore several business tax breaks — a rare feat in an otherwise bitterly divided...
Tracking The Latest On The House Tax Reform Plan - Forbes
Feb 21, 2024 · There's a section on affordable housing incentives, tax relief for those in disaster areas, the Taiwan tax agreement, and boosting the reporting threshold for 1099-MISCs and [1099-NECs] to...
Tax Reform: Latest News, Top Stories & Analysis - POLITICO
Latest news, headlines, analysis, photos and videos on Tax Reform.
Tax reform | AP News
Sep 7, 2022 · Idaho governor signs massive tax cut, education bill. BOISE, Idaho (AP) — Idaho Gov. Brad Little late Thursday signed a massive tax cut and education spending bill made possible by the state’s projected $2 billion budget surplus. September 1, 2022.
US Tax Reform Plan: Federal Flat Tax | Tax Foundation
Jun 29, 2023 · combined with a distributed profits tax —and its potential effects if implemented in the United States. By simplifying the federal tax code, the reform would substantially reduce compliance costs, potentially saving U.S. taxpayers more than $100 billion annually.
What a Second Trump Term Could Mean for Your Taxes - U.S. News
2 days ago · Trump also campaigned on significantly reducing the corporate income tax, from 21% to 20% or even 15% for companies that manufacture their products in the U.S. In his first term, he pushed to ...