If you make big money or you smoke, chances are good that you’re not going to like the tax package that Congress is set to vote on before the end of the month.
Democrats, led by President Joe Biden, are clear about where they stand—higher taxes for top earners: A 3% surtax on income above $5 million, changes to individual retirement account rules, a cut in the qualified small-business stock exemption, and the elimination of an estate-planning tool would be the biggest changes.
An expanded federal tax credit program that has paid tens of thousands of Alaska families up to $300 per child per month since July will expire...
In 2004, David Baszucki, fresh off a stint as a radio host in Santa Cruz, Calif., started a tiny video-game company. It was eligible for a...
Democrats seem to have nixed the idea of taxing returns on unsold stock and other assets, favoring other ways to raise revenue as part of a...
It’s not too late to boost your tax refund or reduce your bill for 2021, according to financial experts. “There are quite a few tax moves...
For the first time in history, the IRS sent the child tax credit as monthly payments to qualifying families. Depending on the amount of your monthly...
