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Borrowers who receive discharges of their student debt under the Income-Driven Repayment program could be facing tax bills as high as $10,000 next year.
November 13 -
One of the most lucrative tax breaks corporate America won in Trump's economic legislation is hitting a roadblock in a minimum tax Congress set three years ago.
September 25 -
What the senators call "unusually timed contributions" came in immediately after Donald Trump named Billy Long as his pick.
May 18 -
Trump posted the announcement after weeks of threatening an Internal Revenue Service review of the Ivy League's tax-free treatment.
May 2 -
The cryptocurrency industry is on a roll in Washington and it's not just because of President Donald Trump.
March 21 -
Christina Ho said Sens. Elizabeth Warren and Sheldon Whitehouse are unfairly singling her out for audit failures at firms.
November 4 -
In the fiscal year ending in July 2023, Intuit received $106 million in federal research and experimentation credits, which amounted to about 4% of its total R&D expenses.
January 3 -
A group of lawmakers is pushing tax officials to move up the start date for crypto brokerages and exchanges to report on clients' transactions.
October 11 -
Nearly 500 service employees worked at large firms or big companies either before, during or after they worked at the IRS, according to a new report.
August 29 -
A bipartisan group of four U.S. senators wants the IRS and Treasury Department to investigate whether nonprofit hospitals are abusing their tax-exempt status.
August 9 -
A bipartisan group of senators is demanding a detailed accounting of the crypto exchange's finances and efforts to maintain regulatory compliance.
March 3 -
Sen. Elizabeth Warren and Ron Wyden want the Public Company Accounting Oversight Board to do more to regulate audits of cryptocurrency companies in the wake of recent high-profile bankruptcies.
January 27 -
Elizabeth Warren and nearly two dozen colleagues in the Senate introduced legislation to enable more taxpayers to file their taxes online for free directly via the service.
July 14 -
Musk is using a strategy favored by many billionaires — borrowing against highly appreciated stock to get cash without having to sell.
April 27 -
Legislators want to know how much Intuit makes off of low- and middle-income filers, and how many Intuit employees previously worked for federal agencies.
April 18 -
Elizabeth Warren and Judy Chu want to know why those making less than $25,000 are audited more often than those making more than $200,000.
April 13 -
The IRS has the expertise to enforce President Joe Biden’s proposal to tax the unrealized gains of mega-millionaires and billionaires, Senator Elizabeth Warren contended in the face of criticism over the workability of a proposal she strongly supports.
April 7 -
Senators Sheldon Whitehouse and Elizabeth Warren say they’re working on a proposed new tax targeting profits being reaped by oil companies as crude prices spike amid geopolitical tensions.
March 10 -
Two legislators want to open an investigation into personnel moves between the five largest accounting firms and the upper echelons of the Treasury and IRS.
February 23 -
Democratic senators want more money for the agency to help taxpayers.
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