Taxes - Page 29

February 20, 2025

College football country seeks key tax exemption for athletes to enhance recruitment, boost team continuity

Sen. Tommy Tuberville, the former Auburn coach, along with lawmakers in several Deep South states are seeking to clarify laws on NIL taxation for athletes.

February 17, 2025

DOGE Caucus senator pushes to end 'slush fund' for presidential candidates: 'Welfare for politicians'

Sen. Joni Ernst is putting one of her DOGE initiatives into motion by drafting the ELECT Act to defund a "slush fund" that pays out large sums to presidential candidates.

February 17, 2025

Stephen Miller defends DOGE audit of IRS: They're restoring 'neutrality, ethics and accountability'

White House Deputy Chief of Staff Stephen Miller joins 'America Reports' to explain DOGE preparing to audit the IRS. 

February 16, 2025

Democracy and capitalism are the two things US 'ought to be promoting': Rep. Tim Burchett

Rep. Tim Burchett, R-Tenn., on DOGE's search for government spending, waste and fraud as well as Democratic Senator Jack Reed's claims over the GOP's push for tax cuts.

February 15, 2025

IRS to slash thousands of workers off the payroll: report

The Associated Press reported the IRS will cut thousands of employees as the Trump administration trims the federal workforce.

February 15, 2025

Why reselling concert and sporting tickets online could cause you an IRS audit

Be careful if you sell online. The IRS may know a lot more about your side hustle this tax season. And it is cracking down on those who fail to report the added income.

February 13, 2025

Inheritance tax hits chopping block as more than 200 Republicans push for repeal

More than 200 House and Senate Republicans are backing a bill to repeal the federal estate tax just as congressional negotiators are discussing taxation.

February 13, 2025

Ways and Means chair calls for de-weaponization, overhaul of IRS after 'lawless' behavior

FIRST ON FOX: Ways & Means Chair Jason Smith calls for an overhaul of the IRS, demanding it be de-weaponized, and telling Fox News Digital that “business as usual at the IRS is unacceptable."

February 13, 2025

The impending AI-driven jobless economy: Who will pay taxes?

As AI eliminates job opportunities, a growing number of individuals will face severe job insecurity, leading to a decline in federal revenue. Radical action is needed now.

February 10, 2025

Trump’s Department of Homeland Security looking to deputize IRS agents for immigration enforcement

DHS Secretary Kristi Noem sent a letter to U.S. Treasury secretary Scott Bessent, asking that IRS agents be provided to assist with immigration and enforcement efforts.