Taxes

Progressive groups are launching a large-scale campaign against deficit hawks as President Joe Biden looks to pass a $2 trillion infrastructure plan.

About 7.3 million tax returns processed by early March appear to qualify for a new unemployment tax break, according to a report.

Ann Mazze is a spunky 95-year-old woman who resides in Levittown — as she has for more than 50 years. However, an unexpected Nassau County mistake has put her in a financial bind. Recently, the Nassau County Department of Assessment mistakenly reported due to a clerical error that Mazze had died, causing her to lose her Enhanced STAR for low-income seniors,…

The IRS will start issuing tax refunds on unemployment benefits in May. Married couples who file a joint return may wait weeks or months longer.

By forcing the GOP to choose between defending corporate tax cuts and creating more blue-collar jobs, Biden’s move undermines Republicans’ rebranding plan.

Treasury Secretary Janet Yellen said she’s encouraged so far by developments in talks with other countries on a global minimum corporate tax.

The IRS plans to start issuing tax refunds on 2020 unemployment benefits this month. But some groups will get the money sooner than others.

As part of his American Families Plan, Biden is proposing to nearly double the top tax rate on capital gains and eliminate the “step-up in basis.”

President Joe Biden wants higher taxes on the top 1% to help fund the American Families Plan. The tax may penalize couples with joint income over $500,000.

Venture capitalist Alan Patricof told CNBC on Monday that an increase to the capital gains tax rate for wealthy Americans would not change investor behavior.

Joe Biden says closing loopholes in tax code would only raise taxes for the wealthiest Americans and allow for investment in childcare and other programs, all while growing the economy.

President Joe Biden is asking Congress for higher taxes on inherited property. The proposal may impact family homes with more than $1 million in gains.

President Biden is proposing a capital gains tax increase for households making over $1 million. The change may also impact home sellers.

President Joe Biden revealed the details of his American Families proposal on Wednesday, an $1.8 trillion plan to support children and families as the U.S. recovers from the coronavirus pandemic. Here are five things you should know about Biden’s American Families proposal.

President Joe Biden is calling for a 4-year extension of the new $3,000 child tax credit. But Democrats in Congress are seeking to make this credit permanent. 

More Americans say they approve of the $1.9 trillion COVID bill Biden signed last month, and his $2 trillion infrastructure plan is already popular.

Sen. Elizabeth Warren blasted FedEx, Nike and Amazon as she pushed for higher corporate taxes.

A bill proposed Tuesday by House Ways and Means Chairman Richard Neal, D-Mass., would make recent enhancements to the child tax credit permanent.

Rep. Richard Neal, gatekeeper of new tax legislation, will unveil a list of priorities aimed at providing new benefits to working parents.

The Philippines’ new law will reduce corporate income tax and boost foreign investment into the country, finance secretary Carlos Dominguez said.