Taxes
Related Articles
U.S. attacks Iran and Tehran retaliates across the Middle East, threatening a return to all-out war
The U.S. launched strikes on Iran early Tuesday, hours after President Donald Trump vowed to reinstate an American blockade of Iranian ports and charge ships for safe passage through the Strait of Hormuz. Iran responded with attacks on Middle East allies of the U.S.
WATCH: House probes IRS failure to nab tax dodgers in federal workforce
More than half a million federal employees and retirees owe a combined $6.3 billion in unpaid taxes, and the IRS's own enforcement tools are barely being used. Susan Ferrechio breaks down which agencies have the worst compliance records and why federal workers keep getting away with it.
Schumer gets his Democrats ready for another shutdown showdown
Senate Minority Leader Charles E. Schumer on Monday warned of a government shutdown in October over spending on the Iran war.
Judge nixes Trump’s IRS-weaponization deal, says president used court for ‘political purposes’
A federal judge on Monday voided a controversial settlement between President Trump and the Justice Department, accusing the administration of abusing the court system to establish a $1.776 billion "anti-weaponization" taxpayer fund.
Regulators issue new guidance on bank lending risk tied to borrowers living illegally in US
The Trump administration is taking additional steps to prevent people living in the U.S. illegally from using the nation's banking system, cracking down on financial institutions that are lending money to them.
DOGE shuts down with tally of budget savings in dispute
President Trump's cost-cutting initiative, the Department of Government Efficiency, officially closed its doors on Independence Day, and the administration does not plan to issue a final report on the effort.
NATO chief demands allies present credible plans to reach defense spending targets
NATO Secretary-General Mark Rutte on Monday demanded that members put forward "clear, concrete and credible plans" to reach the organization's defense spending targets at its annual summit in Ankara.
One year of the One Big Beautiful Bill: Big GOP sales pitch, big Dem resistance
President Trump's One Big Beautiful Bill Act turned 1 year old Saturday, and Republicans are heavily promoting the tax benefits it has delivered to voters in this tough midterm election year.
Trump administration’s $46 billion ‘smart wall’ races ahead on the U.S.-Mexico border
For decades, all that separated the U.S. from Mexico was barbed wire.
House passes bill to recover COVID-era unemployment insurance fraud
A bill to create a federal task force to recover unemployment insurance fraud that occurred during the COVID-19 pandemic has passed the House.
Happy birthday, America! Now, the fight over the bill
Starting with America's centennial in 1876, every 50-year milestone has had financial drama over who pays for the party -- a pattern that continues this year.
Rapper Twista pleads guilty to not paying taxes and faces potential prison time
The Chicago rapper known as Twista has pleaded guilty to five counts of willfully failing to pay his income taxes and faces up to five years in prison.
Trump inspects sites critical to D.C. makeover plan
President Trump spent his Sunday morning touring two sites he's targeted as part of his makeover of the nation's capital.
Trump threatens 100% tax on European imports if countries impose tax on digital services
President Donald Trump on Friday threatened a 100% tax on imports from any country that imposes a tax on digital services from United States companies.
Left-pressured Newsom calls for ‘national billionaires tax’
California Gov. Gavin Newsom is seizing on the Democratic Party's anti-billionaire movement, despite his opposition to a ballot initiative that would tax his state's 200 resident billionaires.
GOP congressional agenda stalled over tactical disagreements on SAVE America Act
President Trump and some of his MAGA allies in the House are ramping up their tactics to advance the GOP's stalled election integrity bill and effectively shutting down Congress in the process.
House probes IRS failure to nab tax dodgers in federal workforce; more than $6 billion owed
More than 571,000 current and retired federal employees owe $6.3 billion in taxes, a delinquency rate that has been increasing steadily despite threatening letters from the IRS.
Pentagon defends F-35 to lawmakers after questions from recent GAO report
The F-35 Lightning II is the Pentagon's most expensive single weapon system at $80 million to $100 million apiece, but analysts say the program hasn't met performance goals while sustainment costs continue to increase.
Teachers unions attack while Democratic governors embrace Trump’s school choice program
Some Democratic governors have signaled plans to join President Trump's federal school choice program, prompting teachers unions to launch a counterattack.
Judge says food stamps can be used to buy candy, soda
A federal judge has ruled that the Trump administration cannot bar the use of food stamps to buy candy and sugary drinks.