President Trump has called the word tariff “the most beautiful word in the dictionary.” He imposed hefty tariffs during his first term and promised expansive new ones as he pursued his second. On his first day back in the White House in January, he issued an executive order directing his …
Beth Crowell was proud to work for the Internal Revenue Service. She had spent much of her career as an accountant for large corporations, gaining intimate knowledge about how they do — and sometimes don’t — pay the taxes they owe. Working for the I.R.S. in Colorado, she hoped to …
They were conned by skilled online criminals into draining their retirement savings. After the shock, shame and grief that followed, the victims were often left with something else: an enormous income tax bill. Mary Ellen Strange, a 75-year-old widow who was deceived by fraudsters impersonating federal investigators, now owes the …
President Trump and Vice President JD Vance berated President Volodymyr Zelensky of Ukraine on Friday in an explosive televised Oval Office shouting match that ultimately blew up plans to sign a rare minerals deal and signaled a dramatic break in relations between two wartime allies. In a public confrontation unlike …
The fire hose of Elon Musk news continues: We’ve got more on the controversy over the access to sensitive I.R.S. data that Musk’s cost-cutting team is seeking and the resignation of a senior official at the Social Security Administration over a similar issue. And in case you missed it, there …
Amid the global turmoil of this young new year comes a flurry of welcome developments that will help many people — especially retirees and those close to retirement — supercharge their savings, cut prescription drug costs, keep more of the money they earn and, possibly, raise their credit scores. Fair …
WASHINGTON — Tens of thousands of wealthy Americans are not complying with recently revamped Internal Revenue Service efforts to get them to file tax returns, according to data obtained exclusively by CNBC. A quirk in federal tax law may be incentivizing wealthy people who want to avoid paying taxes to …
Republican presidential candidate former President Donald Trump speaks at a campaign rally, June 22, 2024, in Philadelphia. Trump is seeking to distance himself from a plan for a massive overhaul of the federal government drafted by some of his administration officials. Chris Szagola | AP As the presidential election heats …
