Tag: Government taxation and revenue

5 tax and investment changes that could boost your finances in 2023 amid economic uncertainty

1. Bigger contribution limits on retirement accountsIf you're eager to boost your retirement savings, there's good news for 2023: higher contribution limits for your...

Only one Trump tax return as president got mandatory IRS audit, report says

Only one of Donald Trump's annual federal income tax returns began being audited by the IRS when he served as president, despite the agency...

Pandemic heats up state tax competition to attract businesses and residents

sturti | E+ | Getty ImagesThe tax competition between states to attract and keep businesses and residents has been ongoing for decades. The national...

How the US election will shape digital tax talks is a ‘million-dollar question,’ OECD hopeful says

U.S. President Donald Trump and Democratic presidential nominee Joe Biden participate in the first 2020 presidential campaign debate held on the campus of the...

Companies plan to continue shifting supply chains out of China under Biden or Trump, says PwC exec

Companies plan to continue shifting supply chains out of China, regardless of who wins the Nov. 3 presidential election, according to Tim Ryan, the...

Biden’s tax plan could create a tax rate of as much 62% for New Yorkers and Californians, studies show

High earners in New York and California could face combined federal and state tax rates of 62% under Democratic presidential nominee Joe Biden's tax...

Here’s why Powerball and Mega Millions jackpots aren’t reaching giant amounts anymore

A customer shows purchased tickets for the Powerball lottery at a lotto store in San Bernardino County, California, January 9, 2016.Gene Blevins | ReutersIf...

Biden tax plan gives $620 tax cut to middle class, new study says

U.S. Democratic presidential candidate Joe Biden speaks during a campaign event in Toledo, Ohio, October 12, 2020.Rebecca Cook | ReutersDemocratic presidential candidate Joe Biden's...

Biden defines $400,000 a year as ‘wealthy’: Here’s what that buys in a big city

Democratic presidential candidate Joe Biden says his tax hikes would only affect the wealthy — defining that as those who make more than $400,000...

Manhattan district attorney won’t try to enforce Trump tax return subpoena during appeals

U.S. President Donald Trump arrives to speak about the administration's coronavirus disease (COVID-19) testing plan in the Rose Garden at the White House in...

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