If you want to claim your 2018 refund, keep in mind that you should file a return for 2019 and 2020, too. Otherwise, the IRS might hold onto your check until you do. Also, if you owe money for a variety of reasons—student loans, child support, unpaid federal or ...
The 2017 tax bill attempted to lower taxes, but the IRS says that won't be the case for everyone. Sure, it lowered tax rates, but it also did away with many itemized deductions that you counted on in previous years. During the first month of filing season, the average refund droppedby...
Apple could owe more than $8 billion in back taxes if the European Commission finds issue with the iPhone maker's corporate tax policies in Ireland, according toanalysisbyBloomberg Intelligence. Apple is one of several multinational corporations that have been scrutinized for corporate tax avoidance ...
Regardless of the reason for the payment shortfall, you are still responsible for paying the full amount of taxes due, even if the underpayment was through no error of your own. The truth is that most taxpayers who owe the IRS money generally owe under $10,000. While that’s a big ...
As Sunstein and Carr show very well, the protection of freedom and of rights, including the right to health, heavily depends on taxes or financial revenues [42]. This is true for many African societies where the lack of financial resources means lack of enough hospital beds, few medical ...
More than $1 billion in taxes have been collected since the penalty started in 2003, with 15 teams paying $1.23 billion. The Yankees lead at $452 million, followed by the Dodgers at $350 million and the Mets. Toronto, with a series of summer trade...
The fact that some corporations pay little in federal taxes has become a rallying point for Democrats on the 2020 campaign trail, for everyone from former Vice President Joe Biden to independent Vermont Sen. Bernie Sanders. Massachusetts Sen. Elizabeth Warren even put out a plan that would end ...
A section of the main island of Tortola. (BVI News Photo) Amid the economic pinch the community is feeling because of the COVID-19 pandemic, Cabinet has
NEW ORLEANS (AP) — Walmart isn’t responsible for paying sales taxes for items sold through its online “marketplace” for third-party sellers under Louisiana law, the state’s Supreme Court ruled Wednesday. Wednesday’s 4-3 decision comes in a case involving the New Orleans suburb of Je...
debts over the course of decades, but only by using a bossy combination of high taxes on capital, financial repression (forcing domestic investors to hold debt at artificially low interest rates) and inflation, which erodes the real value of debts over time. A ...