Tax & Finance

More than 70% of Americans say that the fact that some corporations do not pay their fair share in taxes bothers them either some or a lot, according to a recent Pew Research Center survey. Though...
Death is certain, but what about taxes? Not always. There are many ways to whittle down those due on corporate and individual income, legal or not. By one estimate, the United States loses the...
Dollar stores have been proliferating across the country in recent years, particularly in low-income and rural areas. Some people welcome the trend as they often open in under-served areas. Others...
President Joe Biden’s administration released in March its proposed $6 trillion federal government budget for the 2023 fiscal year that begins in October. Among the proposals is raising the...
In a country as large as the United States, economic activity and tax collection vary considerably by state and region. A resource-rich state like Alaska depends heavily on taxes paid by global oil...
During the 2020 financial year, the Internal Revenue Service issued almost 34 million penalties against individual and estate and trust income taxes, generating $14 billion in tax income. The most...
Dollar stores have been proliferating across the country in recent years, particularly in low-income and rural areas. Some people welcome the trend as they often open in under-served areas. Others...
Tax cuts implemented during the Trump administration and its Republican-led Congress was an enormous windfall for the largest American publicly traded companies and the 10% of American households...
Tax day in the U.S. just passed, and if you feel like you are working a large part of your life just to pay taxes, the statistics bear you out. And in some states, that burden is greater than others....
Cryptocurrencies have an air of being 100% secure. Yet the past year was full of hacks and scams resulting in billions of dollars worth of cryptos lost. Mostly, the large hacks have to do with the...
Scott Fitzgerald famously said the rich are different from you and me. Regardless of the traits or behavior of the wealthy, the richest 1% still have to pay taxes. That makes them the same as you and...
In addition to income and property taxes, Americans also pay state and local sales taxes. Sales taxes account for a large share of the levies that Americans pay each year.  To determine the states...
Tax time is upon us, eliciting exasperation and anxiety among taxpayers. As much as people detest paying taxes, they are needed so that governments can fund necessary services. Among the many...
States saw a bump up in tax revenues last year. According to the National Association of State Budget Officers, general fund revenues for all states totaled $988.2 billion in fiscal year 2021, a...
Property taxes fund schools, the police, and all the municipal services your community provides. When a pothole is filled on your street, your property taxes are paying for it. Trash pickup is paid...