Taxes
Warren Buffett and Jamie Dimon want billionaires to pay their fair share to Uncle Sam. But a ‘millionaires tax’ would likely affect all the wrong people
America’s most celebrated investor and the head of Wall Street’s most powerful bank have had a clear message for Washington: ...
A 116-year-old law gifted Harvard and most universities with tax-exempt status. Can Trump actually revoke it?
For more than a century, the majority of colleges and universities have not paid most taxes. The Revenue Act of ...
Elon Musk’s DOGE reportedly wants to kill the IRS tool that makes filing free for American taxpayers
The Trump administration plans to eliminate the IRS’ Direct File program, an electronic system for filing tax returns directly to the agency ...
Man pleads guilty to tax fraud for failing to report $13 million in CryptoPunks sales
A 45-year-old Pennsylvania man is facing up to six years in prison after failing to disclose the sale of millions ...
Tax season nightmare: The IRS is so understaffed from DOGE they ‘don’t have time to look at certain cases’
Taxpayers calling the IRS for help processing their taxes this filing season may find it harder than normal to get ...
Here are the discounts and free stuff you can get on Tax Day 2025
April 15 is always kind of a bittersweet day. Filing your taxes is a slog, even if you are expecting ...
Trump told Republicans to ‘Close your eyes and get there’ on his budget bill
Speaker of the House Mike Johnson, R-La., talks about his push for a House-Senate compromise budget resolution to advance President ...
IRS to lose billions in revenue if migrants stop filing taxes
The Internal Revenue Service is projected to lose more than $313 billion in revenue in the coming decade as undocumented ...
How to tax harvest from stock market drops
© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use ...
No state has ended personal income taxes since 1980, but Mississippi and Kentucky may change that
About 45 years have passed since a U.S. state last eliminated its income tax on wages and salaries. But with ...
