Biden Suggests Raising Individual, Corporate Tax Rates To Bush-era Levels
President-elect Joe Biden suggested returning individual and corporate tax rates to levels not seen since George W. Bush was president. ...
Tag : Taxes
Deutsche Bank: Remote Workers Should Be Taxed 5% For Working From Home After The Pandemic
A Deutsche Bank research team proposed remote workers pay a 5% tax for working from home after the pandmedic to subsidize income lost by low-wage...
Study Shows Illinois Flat Tax System Is Harder On Black, Latinx Taxpayers
A study released Thursday by the Institute on Taxation and Economic Policy (ITEP) showed Illinois' flat tax negatively affects Black and Hispanic taxpayers....
Black Immigrants Impact Economy: Earned $133 Billion, Paid $35 Billion in Taxes
A study conducted by the New American Economy showed that in 2018, black immigrants earned $133 billion, paid more than $35 billion in taxes, and...
U.S. Extends Tax Filling Deadline to July 15, Are You Happy?
In a move many saw coming, the IRS has delayed the April 15 deadline to file taxes for three months while the government deals with...
Want to Pay Less Taxes? Hire Your Kids!
Business owners: changes with the Tax Cuts & Jobs Act means you may pay less taxes by hiring your kids to help out in your...
ShearShare Makes It Easier for Freelance Beauty Professionals and Barbers to Pay Taxes
ShearShare, the largest provider of on-demand salon and barbershop space rentals worldwide, has recently announced access to new finances tool for cosmetologists and barbers who are...
Warning: College Scholarships May be Subject to Income Tax
The Tax Cuts and Jobs Act of 2017 brought changes – including the way scholarships are taxed for low-income college scholarship recipients....
Rapper and Fyre Festival Co-Founder Ja Rule Reportedly in Tax Trouble
Rapper and Fyre Festival co-founder Ja Rule reportedly owes the IRS more than $2 million in back taxes on liens over the course of a...
The Best Way to Electronically File Taxes, Plus, Deductions You May Have Missed
Today is the day that all taxes are due. So how do you digitize your taxes and claim your deductions?...