Taxes
The Congressional Budget Office publishes each year a nonpartisan long-term projection of what it expects will be seen in federal deficits, debt, spending, and revenues. The annual report looks out...
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Three U.S. Senators have proposed a one-time tax on a handful of billionaires whose wealth greatly increased during the pandemic, including Jeff Bezos and Elon Musk. The money would help fund...
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Due to the spread of coronavirus, some current federal tax receipts of about $4 trillion a year will be pushed out a year from 2020 due to rescue plans.
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One of the biggest concerns in the financial markets at this time is that governments and central banks have few obvious policy tools to help keep their economies going if what was seen in China...
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Investors of Aurora Cannabis, like investors everywhere, are an impatient lot. Wall Street expects profits, and none of these marijuana companies is anywhere near profitability.
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About three-quarters of the Fortune 500 companies made a profit in 2018. Among those profitable companies, 91 paid no taxes at all and another 56 paid less than 5%. The statutory rate for corporate...
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SunPower has announced a joint venture with Hannon Armstrong Sustainable Infrastructure Capital that will preserve the federal investment tax credit for third-party owned commercial and residential...
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The 2017 tax reform bill dramatically increased the number of Americans who claim the deduction for mortgage interest.
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Cutting the U.S. IRS budget by more than $13 billion in the first decade of the 21st century resulted in more than $34 billion in lost tax revenue.
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Three of the world's largest oil companies have adopted proposals to make them more responsive to and transparent regarding their impact on climate change. Don't expect any big changes.
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The IRS has released its latest report on fiscal year 2018 federal tax collections. Quite a few things have changed since 1960.
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Here are 12 U.S.-based companies that have a rather well-known and well-documented exposure to doing business in China.
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A new survey shows that less than half of Americans believe their tax burden is too high, the lowest level since 1956.
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Many marijuana-related businesses pay their taxes in cash. Lots of cash.
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Just ahead of the filing deadline for 2018 federal and state income taxes, the IRS published its roundup of 2016 income and taxes. Americans reported more than $10 trillion in income and paid about...
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