Jeff Bezos arrives at the Statue Of Liberty Museum Opening Celebration at Battery Park – New York, NY – May 15, 2019 (Shutterstock) By BBC Details claiming to reveal how little income tax US billionaires pay have been leaked to a news website. ProPublica says it has seen the tax returns of some of the […]
WASHINGTON — The Internal Revenue Service today continued an ongoing effort to help those experiencing homelessness during the pandemic by reminding people who don’t have a permanent address or a bank account that they may still qualify for Economic Impact Payments and other tax benefits. While Economic Impact Payments continue to be made automatically to […]
WASHINGTON – The Internal Revenue Service today reminded taxpayers to choose a tax return preparer with care. Even though the vast majority of tax return preparers provide honest, quality service, some cause great harm through fraud, identity theft and other scams every year. People value good tax return preparers for helping them through a complicated […]
U.S. President Donald J. Trump Speaks during a Great American Comeback Event campaign rally at Harrisburg International Airport. – Middletown, PA – SEPTEMBER 26, 2020 (Shutterstock) By BBC Donald Trump paid just $750 (£580) in federal income tax both in 2016, the year he ran for the US presidency, and in his first year in […]
By Kristen Doererfor, ProPublica As the COVID-19 outbreak rages in the United States, businesses and schools have closed and events have been canceled, leaving employees and business owners without work and at a loss for income. Even the U.S. Navy is struggling. No aspect of life seems to be untouched; filing and paying taxes is no exception. When are taxes due? 2019 federal […]