Former GOP Sen. Mitt Romney calls for higher taxes on wealthy Americans, citing national debt crisis and need for bipartisan fiscal solutions.
Learn how dividend exclusion allows corporations to avoid double taxation on received dividends, enhancing net income and growth potential.
Discover the step-by-step process of turning tax proposals into U.S. law, involving Congress, presidential oversight, and the IRS, and its influence on tax policy.
Taxpayers anticipate a significant tax refund season in 2026 due to retroactive changes in the 2025 tax code. These adjustments, including a larger standard deduction and expanded child tax credit, ...
After President Donald Trump on Thursday signed an executive order to reclassify cannabis, Wall Street is now focused on the when the change will actually happen, as the marijuana industry waits for ...
Got a tip on a tax dodger? The IRS Whistleblower Office has updated Form 211, allowing tips to be submitted digitally for the ...
Mitt Romney (R-Utah) said Friday in a New York Times op-ed that “it’s time for rich people like me to pay more” in taxes ...
Every December, workers blame the IRS for shrinking bonuses. But bonuses aren’t taxed differently than your regular ...
In 2025, seven years into legalized sports betting, the industry faced some of its biggest challenges yet, rocked by multiple high-profile scandals, embroiled in taxation issues and confronted by a ...
Learn how crypto is taxed under the latest U.S. rules. Covers trading, staking, DeFi, NFTs, mining, payments, and new IRS reporting requirements.