The One Big Beautiful Bill included sweeping tax law changes. Here are several key changes individual taxpayers need to know ...

Around the world, economic inequality is fueling both the rise of authoritarianism and protesters going to the streets to ...

A commercial vehicle hire and lease firm near near Oxford has a debt of more than £200,000 owed to HMRC revealed. Automotivate, of Station Field Industrial Estate in Kidlington, was founded in 2022 by ...

The government gambles on the private sector to fuel the future even as the government continues profligate spending – a ...

Looking ahead, tax season will kick off in late January. The IRS has not yet announced the date it’ll officially start begin accepting and processing tax returns, but last year, it was Jan. 27. The ...

Three years after a group of homeowners and community organizations filed suit claiming the county’s tax sale system robbed them of their home equity, a federal judge has ruled the system ...

The Tax Court found that advances made by Anaheim Arena Management LLC (AAM) did not constitute bona fide debt and therefore upheld the IRS’s disallowance of AAM’s bad-debt deduction for the advances.

Tori Spelling and Dean McDermott owe more than $1.7 million in unpaid federal and state taxes. The staggering amount was revealed in the final judgment filed in their divorce. The former couple owe $1 ...

The Federal Trade Commission is suing a supposed “tax debt relief” company over claims it was falsely impersonating government agencies, threatening consumers and pocketing “tens of millions of ...

IRS has a 10-year window to collect back taxes – but for many Americans, that doesn’t mean the debt simply disappears. The IRS Collection Statute Expiration Date (CSED) generally gives the government ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...

This is read by an automated voice. Please report any issues or inconsistencies here. President George W. Bush added $6.1 trillion to the debt and this was due primarily to tax cuts and the Iraq and ...