“I’m open to anything, as long as it doesn’t hit medium- and low-income folks,” he told MTN News this week. “I think that applying more taxes to the rich, who have so many opportunities out there for tax avoidance, is really important.”
But Montana’s Republican U.S. senator, Steve Daines, is strongly opposed to the measure – and maintains that while its tax provisions may be targeted at wealthy taxpayers and corporations, the impact will be felt by everyone, and ultimately hurt the economy.
The IRS began issuing another 1.5 million tax refunds this week to people who received unemployment benefits in 2020. That adds to the nearly 9 million refunds, worth...
The Justice Department on Friday said the Treasury Department must hand over former President Trump's tax returns to the House Ways and Means Committee, putting an apparent end...
It’s tax-filing season, and whether you go to an accountant or use online tax software, filing a return can be expensive. But there are free options....
Iowa will move to a 3.9% flat income tax rate under a compromise between legislative Republicans and Gov. Kim Reynolds that paves the way for passage of the massive...
Identity thieves are targeting tax professionals with "spearphishing" emails masquerading as coming from the IRS or tax return preparation software providers, the Service advised in a news...
