Government taxation and revenue

President-elect Joe Biden speaks about the COVID-19 pandemic during an event at The Queen theater, Thursday, Jan. 14, 2021, in Wilmington, Del. (AP Photo/Matt Slocum)
January 15, 2021 - 10:44 am

Biden's Aid Plan Could Revamp Economy, Prompt Gop Resistance

BALTIMORE (AP) — The $1.9 trillion rescue plan unveiled by President-elect Joe Biden offers the chance to sculpt the U.S. economy toward the Democrats’ liking: a $15 minimum wage, aid to poor families and federal dollars going to public schools. It’s an ambitious effort that would arrive after...
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FILE - In this April 23, 2020 file photo, President Donald J.Trump's name is printed on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak in San Antonio. The IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers. A number of people who filed their taxes with an online preparation service initially found that their economic impact payment did not make it to them directly. (AP Photo/Eric Gay)
January 12, 2021 - 11:06 am

Irs Gets More Relief Payments Out After Delays

The IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers. The government began distributing the payments, worth $600 per eligible adult and dependent, at the end of December. However, many people who filed their taxes with an online...
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People stroll on the Trocadero square to watch the Eiffel Tower lightings, Friday, Dec. 11, 2020 in Paris. (AP Photo/Francois Mori)
January 08, 2021 - 1:45 am

France's Hopes Lift As Us Freezes Tariffs Over Tech Tax

PARIS (AP) — France’s government breathed a sigh of relief Friday after the U.S. indefinitely delayed tariffs on French wine, cosmetics and other goods designed as retaliation for a French tax on technology giants. The U.S. Trade Representative’s office said in a statement Thursday that it...
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FILE - In this Oct. 14, 2010 file photo, musician Prince holds a news conference at The Apollo Theater announcing his "Welcome 2 America" tour in New York. The ongoing controversy over the money left behind by Prince when he died without a will is heating up again after Internal Revenue Service calculations showed that executors of the rock star's estate undervalued it by 50%, or about $80 million. (AP Photo/Peter Kramer, File)
January 03, 2021 - 8:40 am

Irs Says Executors Undervalued Prince's Estate By 50%

MINNEAPOLIS (AP) — The ongoing controversy over the money left behind by Prince when he died without a will is heating up again after Internal Revenue Service calculations showed that executors of the rock star's estate undervalued it by 50%, or about $80 million. The IRS determined that Prince’s...
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FILE - In this Dec. 15, 2020, file photo President-elect Joe Biden speaks at a drive-in rally for Georgia Democratic candidates for U.S. Senate Raphael Warnock and Jon Ossoff in Atlanta. (AP Photo/Patrick Semansky, File)
January 01, 2021 - 9:15 pm

In Georgia, Biden's Presidency Meets Early Defining Moment

ATLANTA (AP) — Usually it's a president's first midterm election that reorders a White House's political approach and priorities. For President-elect Joe Biden, his most defining congressional election is coming before he takes office. Two runoffs Tuesday in Georgia will decide which party controls...
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FILE - In this file photo dated Wednesday, Nov. 25, 2020, Britain's Chancellor of the Exchequer Rishi Sunak leaves Downing Street in London. Treasury chief Sunak has committed to ending the widely unpopular tax on women’s sanitary products, but the change could only take effect Friday Jan 1, 2021, after Britain had finally left the economic orbit of the EU.(AP Photo/Kirsty Wigglesworth, FILE)
January 01, 2021 - 7:49 am

Uk Abolishes 'sexist' Tax On Women's Sanitary Products

LONDON (AP) — Britain on Friday became the latest country to abolish the so-called "tampon tax,” eliminating sales taxes on women's sanitary products. The move was widely praised by women's rights advocates as well as proponents of the country's departure from the European Union. Treasury chief...
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FILE - In this Sept. 29, 2020 file photo, former Nissan Motor Co. Chairman Carlos Ghosn holds a press conference at the Maronite Christian Holy Spirit University of Kaslik, north of Beirut, Lebanon. In an opinion published Monday, Nov. 23, 2020, a panel of human rights experts working with the United Nations says former Renault-Nissan boss Carlos Ghosn was wrongly detained in Japan in late 2018 and has urged “compensation” and “other reparations” for him from the Japanese government. (AP Photo/Hussein Malla, file)
December 26, 2020 - 8:13 am

French Investigators To Question Carlos Ghosn In Lebanon

BEIRUT (AP) — A team of French investigators will come to Beirut next month to participate in interrogating former Renault-Nissan boss Carlos Ghosn, a Lebanese justice ministry official said Saturday. The official gave no specific date or details of what information the investigators would seek...
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President Donald Trump waves as he boards Air Force One at Andrews Air Force Base, Md., Wednesday, Dec. 23, 2020. Trump is traveling to his Mar-a-Lago resort in Palm Beach, Fla. (AP Photo/Patrick Semansky)
December 23, 2020 - 8:19 pm

A Look At The 29 People Trump Pardoned Or Gave Commutations

WASHINGTON (AP) — For a second night in a row, President Donald Trump issued a round of pardons and commutations in the final weeks of his presidency, giving full pardons to his former campaign chairman, his son-in-law’s father and another of his allies convicted in special counsel Robert Mueller’s...
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FILE - This Wednesday, Feb. 13, 2019 file photo shows part of a 1040 federal tax form printed from the Internal Revenue Service website, in Zelienople, Pa. Health insurance shoppers who used tax credits to buy coverage in 2020 still have a few weeks left to ward off an unpleasant tax surprise next spring. (AP Photo/Keith Srakocic)
December 23, 2020 - 6:48 am

Insurance Shoppers: Plan Now To Trim Next Spring's Tax Bill

An unpleasant tax surprise may be lurking next spring for some people who bought health insurance this year on the Affordable Care Act’s coverage marketplaces. The problem centers on income, or what shoppers think they will make. People can get help from the government to buy coverage, depending on...
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FILE - In this Aug. 20, 2020, file photo, a set table sits empty inside the closed Vince Lombardi's Steakhouse in Appleton, Wis. Stuffed into the new emergency relief package is a morsel that President Donald Trump has long had on the buffet of his economic wish list: restoring full tax breaks for restaurant business meals. (AP Photo/David Goldman, File)
December 22, 2020 - 1:43 pm

Writing Off More Of That 3-Martini Lunch Is Causing A Stir

WASHINGTON (AP) — Stuffed into the new emergency relief package is a morsel that President Donald Trump has long had on the buffet of his economic wish list: restoring full tax breaks for restaurant business meals. But experts say it’s scant immediate help for an industry reeling from the pandemic...
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