The $78 billion package would temporarily expand the Child Tax Credit and boost the low-income housing tax credit while also bringing back a range of deductions for companies.
A source tells Page Six that the movie star, 76, was held up at customs for "traveling with a watch he owns" that he "might be auctioning" at his charity in Kitzbuhel, Austria.
The bill could generate $150 billion in US revenue over 10 years, while companies could avoid the tax hike by raising workers' pay and reducing CEO salaries, they added.
WASHINGTON — A California Democrat, who advocates for a crackdown on wealthy Americans who avoid taxes, holds a stake in two funds based in the tax haven of the Cayman Islands. Rep. Josh Harder, whose district includes the city of Stockton in...
The owners of the famous Philadelphia Cheesesteak restaurant Tony Luke’s were sentenced to prison for tax fraud on Thursday after concealing over $8 million over the course of a decade.
The Internal Revenue Service warned that thieves are resorting to a new "scam mailing" scheme this tax season, swindling taxpayers into handing over their bank routing and social security numbers.
"The American taxpayers do not want to invite the proverbial fox into the hen house," they wrote. "There’s an obvious conflict of interest when the IRS acts as tax preparer, filer, and auditor—a conflict destined to impact vulnerable and low...
Unable to work legally, new migrants to New York City are seeking employment in a burgeoning underground economy that "reduces tax revenue" for the city.
Unable to work legally, new migrants to New York City are seeking employment in a burgeoning underground economy that "reduces tax revenue" for the city.
The House Rules Committee approved a bill led by New York Republicans on Thursday that would increase the state and local tax (SALT) deductions cap, setting up a potential floor vote on the measure next week. The Rules panel voted 8-5 along mostly...
The defiant head of New York's Democratic Party says he is keeping on the Biden delegate who was convicted of falsifying school business records and owes $101,000 in back taxes.
Mayor Eric Adams says he would consider providing property tax relief co-op and condo owners as they face having to pay for mandated “green’’ building upgrades or fines beginning next year.
An NYC credit card surcharge law, plus Tide pod ban and an NYC property tax proposal in response to insane green mandates mandates show how progressive ignore real concerns.