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Congratulations, you survived another tax season—and paid a higher rate than top American companies
Fortune· 2 days agoThe statutory corporate tax rate in America is a mere 21%, which dramatically declined from 35% under the Trump administration. Oxfam’s recent analysis ...
Gov. Kim Reynolds signs law lowering individual income tax rate to 3.8% in 2025
Iowa Capital Dispatch via Yahoo News· 23 hours agoGov. Kim Reynolds signed into law a measure speeding up income tax cuts, lowering Iowa’s individual...
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
WSLS Newschannel 10 Roanoke· 1 hour ago“We are overhauling compliance efforts to advance our commitment to fair, equitable, and effective ...
Kevin O’Leary slams Biden's vow to let Trump tax cuts expire — predicts it will lead to recession,...
Moneywise via Yahoo Finance· 10 hours agoWill President Joe Biden’s tax policies inadvertently squeeze more money out of the pockets of low-...
IRS says number of audits about to surge. Here's who it is targeting.
CBS News via Yahoo Finance· 3 hours agoThe IRS says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more...
Biden Administration Wants To Raise Capital Gains Tax Rates in the Interest of Racial Equity
The New York Sun· 2 days agoPresident Biden’s proposal to reduce the “racial wealth gap” by boosting the top marginal tax rate...
Iowa's income tax rate is dropping to 3.8%. See how that stacks up against other states
The Des Moines Register via Yahoo Finance· 1 day agoIowans will see a smaller tax bill beginning next year, when the state transitions to a 3.8% flat income tax. Gov. Kim Reynolds signed legislation Wednesday ...
Chapel Hill property owners will pay higher taxes next year. Some budget highlights.
Raleigh News and Observer via AOL· 6 hours agoTown Manager Chris Blue presented his $156.2 million draft budget and a proposed 2-cent property-tax...
More city positions, a School Department deficit: 5 ways Newport plans to spend your money
The Newport Daily News via Yahoo Finance· 11 hours agoNEWPORT – Tax rate decreases and school funding shortfalls are just a few of the topics of...
IRS plans to increase audit rates of wealthy taxpayers by 50%
CNN via AOL· 3 hours agoThe Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of...