[ad_1] The coming few years will be a litmus test for India’s ambition to become a manufacturing hub rivaling China. A big question mark is how quickly it can build…
Tag: Government Budget/Taxation
Prices Fell in November for the First Time Since 2020. Inflation Is Approaching Fed Target.
[ad_1] Updated Dec. 22, 2023 10:04 am ET The Federal Reserve is winning its fight over inflation, boosting Americans’ spirits and offering greater reassurance that the U.S. economy can avoid…
How one small-business owner saved $75,000 in taxes
[ad_1] As a small-business owner who employs 15 people, James Clift has a lot of problems to solve, and taxes might be at the root of all of them. Taxes…
Opinion | Joe Biden’s Assist to Hunter’s Business
[ad_1] House investigators keep digging into the Biden family business, and this week comes new evidence of the ways Joe Biden helped his son using alias email accounts. Internal Revenue…
IRS Turns Down 20,000 Refund Claims for Covid Tax Credit
[ad_1] Updated Dec. 6, 2023 2:55 pm ET The Internal Revenue Service is rejecting more than 20,000 requests for pandemic-era tax refunds from employers that either didn’t exist or didn’t…
One Supreme Court Case Could Mess Up Chunks of the Tax Code
[ad_1] WASHINGTON—A case that could punch holes in the federal tax code heads to the Supreme Court on Tuesday. The court will hear arguments in Moore v. U.S., which challenges…
The Surprise Bill Coming to Those Who Underpay Their Taxes
[ad_1] Failing to keep up with tax payments now could lead to an expensive surprise come next spring. As of Oct. 1, the Internal Revenue Service is charging 8% interest…
Families May Have to Make College Decisions Before Knowing Full Cost
[ad_1] Updated Dec. 1, 2023 10:08 am ET Applying for college financial aid will be more confusing this year for many parents and students, who will also have to fill…
IRS Court Win Paves Way for Higher Taxes on Hedge-Fund Managers
[ad_1] Nov. 30, 2023 10:00 am ET The Internal Revenue Service scored a significant win over the hedge-fund and asset-management industries this week in a case that could bring higher…
Opinion | The Employee Retention Tax Credit Is the Biggest Covid Scam
[ad_1] It’s hard to feel sorry for the Internal Revenue Service, but cleaning up for Congress is never fun. The Covid employee retention tax credit is turning into a classic…