Arkansas Governor Sarah Huckabee Sanders signed legislation during a special session to reduce the state's property and income taxes, including cuts to corporate and individual rates.
Tags: Tax
Payments Giant Stripe Acquires Lemon Squeezy for Undisclosed Amount
The payments company Lemon Squeezy announced that it has been acquired by competitor and industry giant Stripe for an undisclosed amount.
Elon Musk to Move X, SpaceX HQs From California to Texas After Newsom Passes Trans Rights Law
Elon Musk made his intention to move the headquarters of his companies SpaceX and X, formerly Twitter, from California to Texas after California Governor Gavin Newsom signed a transgender rights law.
IRS Recovers $1 Billion Unpaid Taxes From Wealthy Individuals Amid Budget Cut Threats From GOP
The IRS has successfully collected $1 billion in back taxes from high-wealth taxpayers under Biden's economic package, aiming to enhance tax fairness and compliance while facing potential budget cuts from Republicans.
If Donald Trump Tax Cuts Extended, Top 5% of Taxpayers Would Get Almost Half of the Benefit
The extension of the 2017 Tax Cuts and Jobs Act would predominantly benefit higher-income households, according to an analysis by the Urban-Brookings Tax Policy Center.
Latest News
As the IRS tax deadline approaches in 2024, several states are granting extensions until November, offering taxpayers additional time to file their returns amidst ongoing changes and challenges.
If re-elected, former President Donald Trump announced on Sunday that his administration would eliminate taxes for workers who get tips.
Spotify has increased all of its premium subscription in France by 1.2% in response to the French government’s levy on music streaming platforms.
Intuit's shares fell sharply after the company reported a loss of one million free TurboTax users, raising concerns about demand for its software despite a rise in average user spending and increased revenue.
California is offering money to drivers interested in participating in a pilot program to test an alternative to the gas tax. Here's what you need to know.
With a growing number of people in the US choosing to retire elsewhere, those doing so are advised to research thoroughly on where to retire and enjoy their Social Security payments as much as possible.
Former UK Chancellor Nadhim Zahawi admitted paying nearly £5 million to authorities to resolve tax affairs following an inquiry into a multi-million-pound settlement with HMRC over YouGov shares, maintaining it was non-deliberate.
White House officials said the Biden administration would impose a massive tariff increase on Chinese electric vehicles in an announcement on May 14.
Several financial experts say the Biden administration’s proposal to raise capital gains tax will negatively affect the US economy.
