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Chancellor Jeremy Hunt's decision to leave a narrow fiscal "buffer room" in Wednesday's budget has been described as a "high risk" strategy by economists who say that deep public spending cuts could be penciled in on the horizon to pay for it.
Despite saying often he opposes cutting Social Security and Medicare, and raising taxes, former President Donald Trump has endorsed a Republican House candidate who’s been pushing a commission that could do both of those things.
A judge in Philadelphia has ordered Terrence Howard to pay nearly $1 million in back taxes, interest and penalties.
WASHINGTON (AP) — The IRS plans to go after 125,000 high-income earners who did not file tax returns going back to 2017 — and the agency says hundreds of millions of dollars of unpaid taxes are involved in these cases.
Although some of us look forward to a tax refund each spring, many of us are going to get an unpleasant “balance due” surprise after we file taxes.
Arnold Schwarzenegger was briefly detained at the Munich airport after a customs debacle on Wednesday.
WASHINGTON ― Congress is striving to accomplish what rarely gets done in an election year: three separate bipartisan agreements on taxes, spending and immigration policy.
WASHINGTON — A bipartisan team of lawmakers on Tuesday announced that they had finalized a deal to restore business tax breaks and expand a credit that gives millions of parents refunds at tax time.