Tag: Taxes

IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power

WASHINGTON -- IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of...

Australia plans to tax digital platforms that don't pay for news

MELBOURNE, Australia -- The Australian government said Thursday it will tax large digital platforms and search engines unless they agree to share revenue...

New Jersey, home to many oil and gas producers, eyes fees to fight climate change

TRENTON, N.J. -- It's not an accident that “The Sopranos,” the quintessential show about New Jersey, opens with its main character driving past...

New Mexico's oil income investments now surpass personal income tax revenue

SANTA FE, N.M. -- Efforts by New Mexico to save and invest portions of a financial windfall from local oil production are paying...

Legislators propose 15% to 25% tax rate for new states adopting internet gambling

ATLANTIC CITY, N.J. -- Lawmakers from states where gambling is legal are proposing standards for additional states that are considering allowing internet gambling,...

Trump and Republicans in Congress eye an ambitious 100-day agenda

WASHINGTON -- A tax break for millionaires, and almost everyone else.An end to the COVID-19-era government subsidies that some Americans have used to...