Recent News Headlines : Administrator

SEE HOW THE TAX BILL AFFECTS YOUR PAYCHECK


At the same time, the bill is most likely to raise taxes on some high-income filers in states with high state and local taxes... READ MORE

22nd December, 2017 46797

3 PROVISIONS OF BILL DID NOT COMPLY WITH SENATE RULES, REQUIRES ANOTHER VOTE IN HOUSE WEDNESDAY


Despite last-minute snag, U.S. tax overhaul passes Senate, heads back to House... READ MORE

20th December, 2017 216

HOUSE GIVES FINAL APPROVAL TO TAX BILL, DELIVERING VICTORY TO TRUMP


President Trump celebrates with Congressional Republican on the South Lawn of the White House... READ MORE

20th December, 2017 6859

HOUSE GIVES FINAL APPROVAL TO TAX BILL, DELIVERING VICTORY TO TRUMP


President Trump celebrates with Congressional Republican on the South Lawn of the White House... READ MORE

20th December, 2017 9810

TRUMP CLAIMS TAX REFORM BILL AS A 'HISTORIC VICTORY'


Winners and losers Under the legislation, income tax rates will be reduced across all seven individual tax brackets... READ MORE

20th December, 2017 1509

SENATE PASSES SWEEPING GOP TAX BILL, BUT HOUSE HAS TO VOTE AGAIN


WASHINGTON -- The Senate voted along party lines after midnight Tuesday to pass a sweeping 1.5 trillion tax bill that slashes tax rates for corporations,... READ MORE

20th December, 2017 0

INSIDE WALL STREET'S TOWERS, TRADERS GROUSE OVER TRUMP TAX PLAN


But, along with losing key deductions, they're explicitly barred from a new 20 percent tax deduction aimed at business owners... READ MORE

20th December, 2017 1377

HOW DOES THE FINAL TAX BILL COMPARE TO WHAT PRESIDENT TRUMP REQUESTED?


President Trump has a right to be all smiles when he signs the massive tax overhaul that Congress was voting Tuesday to send to him... READ MORE

20th December, 2017 102

TRUMP ON VERGE OF TAX VICTORY AS US SENATE PASSES BILL


Winners and losers Under the legislation, income tax rates will be reduced across all seven individual tax brackets... READ MORE

20th December, 2017 27

US SENATE PASSES TAX REFORM BILL IN MAJOR VICTORY FOR DONALD TRUMP


13 Pass-through businesses Millions of US businesses pass through their income to individuals, who then pay personal income tax on those earnings, not corporate tax... READ MORE

20th December, 2017 4

HOUSE APPROVES TRUMP'S MASSIVE TAX OVERHAUL, BUT LAST-MINUTE GLITCH DELAYS FINAL PASSAGE


Senate Republicans are using special budget rules to fast-track the tax bill and block a Democratic filibuster... READ MORE

20th December, 2017 5675

GOP TAX BILL HANDS BIGGEST BENEFITS TO TOP EARNERS STUDY SAYS


Next year, the average federal tax cut would be 1,610, the study found... READ MORE

19th December, 2017 406

3. PAY YOUR TAXES--IF YOU CAN


Any 2018 state and local income taxes paid ahead of time would nevertheless need to be counted on next year's taxes, according to the bill... READ MORE

19th December, 2017 681

HOW LONG BEFORE YOU START TO SEE THE EFFECTS?


When the corporate income tax rate is cut, firms increase investment, capital expenditures, and look to expand operations... READ MORE

18th December, 2017 1266

HOW REPUBLICANS' TAX PROMISES STACK UP TO THEIR ACTUAL PLAN


Trump administration officials and congressional Republicans have said the tax cuts will spur enough economic growth to cover that deficit... READ MORE

18th December, 2017 547

TRUMP SAYS U.S. ECONOMY TO 'ROCK' AS GOP RACES TO TAX-CUT FINISH


Now, with votes planned in the House and Senate by the middle of next week, Trump is closing in on his first major legislative victory... READ MORE

16th December, 2017 161

GOP DELIVERS SWEEPING PLAN FOR VOTE NEXT WEEK


Senator Marco Rubio of Florida on Thursday threatened to vote against the bill unless negotiators boost the child tax credit... READ MORE

16th December, 2017 1897

HUGE U.S. TAX BILL HEADS FOR PASSAGE AS GOP SENATORS FALL IN LINE


Marco Rubio of Florida relented in his high-profile opposition after negotiators expanded the tax credit that parents can claim for their children... READ MORE

16th December, 2017 0

TRUMP SAYS 'VERY SURE' RUBIO WILL VOTE 'YES'


Lawmakers have also agreed to set a higher corporate tax rate than originally planned, taking the current 35 percent rate to 21 percent instead of 20... READ MORE

15th December, 2017 400

TWO GOP SENATORS SLAM TAX CUTS FOR RICH, BUT HOW WILL THEY VOTE?


Two Republican senators have criticized tax cuts for the highest earners Susan Collins of Maine and Marco Rubio of Florida... READ MORE

15th December, 2017 810

CORPORATE WINNERS AND LOSERS IN GOP TAX BILL


U.S. companies have 3.1 trillion in overseas earnings, according to a Goldman Sachs Group Inc... READ MORE

15th December, 2017 133

RATES ON OFFSHORE EARNINGS NOT YET FINALIZED


Senate Provide a 23 percent deduction, with limitations related to taxable income and amount of wages paid... READ MORE

15th December, 2017 594

TRUMP SAYS 'VERY SURE' RUBIO WILL VOTE 'YES'


Lawmakers have also agreed to set a higher corporate tax rate than originally planned, taking the current 35 percent rate to 21 percent instead of 20... READ MORE

15th December, 2017 295

MARCO RUBIO BALKS ON SENATE TAX PLAN OVER CHILD CREDITS, JEOPARDIZING GOP MARGIN


Republican Sen. Marco Rubio declared Thursday he will vote against the GOP's sweeping tax package unless negotiators expand its child tax credit, jeopardiz... READ MORE

15th December, 2017 0

RATES ON OFFSHORE EARNINGS NOT YET FINALIZED


Senate Provide a 23 percent deduction, with limitations related to taxable income and amount of wages paid... READ MORE

14th December, 2017 576

HERE'S HOW MUCH TAX YOU'D PAY IN CONGRESS'S TWO BILLS


This married couple rents and has an estimated 2017 state income tax bill of 2,104... READ MORE

14th December, 2017 953

GOP HOUSE, SENATE LEADERS AGREE ON TAX PACKAGE SEEN HURTING MANY AND FAVORING WEALTHY


House and Senate negotiators agreed to expand a deduction for state and local taxes to allow individuals to deduct income taxes as well as property taxes... READ MORE

13th December, 2017 0

TREASURY'S ONE-PAGE REPORT: TRUMP'S PLANS PAY FOR SENATE TAX CUT


An analysis that Secretary Steven Mnuchin had previously pledged to conduct with full transparency... READ MORE

12th December, 2017 211

JOHN CORNYN'S FOSSIL FUEL PROVISION WOULD PERSONALLY ENRICH REPUBLICAN LAWMAKERS


Federal disclosure records show that in 2017, all three companies' lobbyists have been pressing lawmakers on issues related to the taxation of partnerships... READ MORE

12th December, 2017 3847

RISKS AND PROFIT-TAKING AT PLAY AS EQUITY RALLY HITS BUFFERS


CNOOC, Sinopec and PetroChina dived in Hong Kong, while Inpex was hammered more than three percent in Tokyo... READ MORE

8th December, 2017 2

Trending News Headlines : Administrator

FOR SOME IN MIDDLE CLASS, TRUMP PLAN WOULD MEAN TAX INCREASE


WASHINGTON -- President-elect Donald Trump's proposals would modestly cut income taxes for most middle-class Americans... READ MORE

28th November, 2016 25144

MNUCHIN SAYS IT'S 'VERY HARD NOT TO GIVE TAX CUTS TO THE WEALTHY'


The top 10 percent of the people pay 81 percent of the taxes, Mnuchin told Politico... READ MORE

19th October, 2017 12401

MORE OF HIGHEST-INCOME CANADIANS ARE PAYING NO INCOME TAX


Once these business-related credits and deductions are applied, high-income taxpayers can use another item to lower their tax rates even further... READ MORE

27th April, 2017 11759

ROBOTS THAT TAKE HUMAN JOBS SHOULD PAY TAXES


But you can't just give up that income tax because that's part of how you've been funding that level of human workers, Gates said... READ MORE

21st February, 2017 8997

WHAT THE ELECTION MEANS FOR YOUR POCKETBOOK


According to TPC's analysis of his tax plan, on average, households would see their tax bills go down... READ MORE

8th November, 2016 8237

TRUMP TAX PLAN ELIMINATES BIG PERK FOR HIGH-TAX STATES


The White House maintained the wealthy would continue to pay the bulk of federal income taxes... READ MORE

28th September, 2017 4639

GOP BRACES FOR 'ALL HELL' TO BREAK LOOSE WHEN TAX BILL FINALLY DROPS


The House Republicans' bill will essentially be initiating open warfare on the middle class, said Senate Minority Leader Chuck Schumer, a New York Democrat... READ MORE

1st November, 2017 4389

TRUMP PROPOSES U.S. TAX OVERHAUL, STIRS CONCERNS ON DEFICIT


The real estate mogul-turned-politician, who promised big tax cuts as a candidate, told reporters he personally would not gain financially from the proposal... READ MORE

28th September, 2017 3901

THE INSIDE STORY OF APPLE'S $14 BILLION TAX BILL


Ireland and Apple started to make changes a few months after the Maxforce began looking into their tax relationship... READ MORE

19th December, 2016 3773

TAX-HIKE FEARS TRIGGER TALK OF EXODUS FROM MANHATTAN AND GREENWICH


When Tepper moved his firm to Florida, forecasters warned it could jeopardize New Jersey's budget because the firm generated more than 100 million in state income tax... READ MORE

27th November, 2017 3600

A 'MILLIONAIRES TAX' IS NOW NEW JERSEY DEMOCRATS' TOP PRIORITY


Provide about 40 percent of the state's income-tax revenue, according to the New Jersey taxation division... READ MORE

9th November, 2017 3409

CHUCK SCHUMER: DONALD TRUMP'S TAX REFORM IS NOTHING LIKE REAGAN'S


More President Trump With tax reform we can make it morning in America again More Our View Tax reform or tax con?... READ MORE

28th October, 2017 3358

GOP PLAN HAS LARGE TAX BREAKS FOR THE HIGHEST EARNERS


The framework calls for capping the tax rate on such pass-through businesses at 25 percent... READ MORE

28th September, 2017 2912

HOW PRESIDENT TRUMP'S TAX PLAN AFFECTS YOU, AND WHAT WE STILL DON'T KNOW ABOUT IT


How President Trump's tax plan affects you, and what we still don't know about it... READ MORE

28th September, 2017 2780

FOSSIL-FUEL FRIENDLY TAX PLAN SPARES OIL, NOT SOLAR OR TESLA


Those held through corporate entities would see a big benefit from the 20 percent corporate tax rate, he said... READ MORE

2nd November, 2017 2628

ANALYSIS | TRUMP'S TAX PROPOSAL: WHAT IT MEANS FOR THE RICH, FOR THE WORLD AND FOR YOU


Trump is proposing plenty of reduced rates, bringing them down to 35 percent for rich individual taxpayers and 15 percent for corporations and businesses... READ MORE

26th April, 2017 2594

HOW TRUMP'S TAX PLAN MAY IMPACT YOUR RETURNS


President-elect Donald Trump has proposed the largest tax cuts since Ronald Reagan... READ MORE

12th November, 2016 2589

TRUMP'S TAX PLAN COULD BE PAINFUL FOR NEW YORK, NEW JERSEY, AND CALIFORNIA


The plan would end deductions of state and local taxes from federal income taxes... READ MORE

27th April, 2017 2394

25 MILLION AMERICANS COULD FIND MORTGAGE TAX BREAK USELESS UNDER TRUMP'S PLAN


U.S. Treasury Secretary Steven Mnuchin has taken pains to stress that the Trump administration isn't out to kill Americans' beloved mortgage-interest tax deduction... READ MORE

16th May, 2017 2174

DEUTSCHE BANK TRUMP COULD PUSH THE US ECONOMY AND STOCK MARKETS TO NEW RECORDS


As such, Bianco recommends that investors in need of income should turn to utilities stocks, which have been battered since the election... READ MORE

22nd November, 2016 2161

ARE YOU MIDDLE CLASS ENOUGH TO GET A TAX CUT FROM PRESIDENT TRUMP'S PLAN?


Are you middle class enough to get the tax breaks President Trump and House Speaker Paul Ryan are promising?... READ MORE

2nd November, 2017 2048

MORE AMERICANS THINK WEALTHY, NOT MIDDLE CLASS, WILL BENEFIT FROM TAX REFORM


But among Democrats, 46 percent think that wealthy will benefit most, with only 7 percent thinking all Americans will benefit and 17 percent who think corporations will benefit... READ MORE

10th November, 2017 1974

HOW REPUBLICANS PLAN TO SPEND LIKE CRAZY WITHOUT RUNNING UP DEBT


A multiplier is the expected extra effect of a fiscal policy Spend 1, and you might get 1.60 of economic growth... READ MORE

19th November, 2016 1889

WHAT WE KNOW ABOUT THE GOP TAX BILL AHEAD OF TODAY'S ROLLOUT


House Republican leaders plan to unveil a tax bill Thursday that would cut the corporate tax rate to 20 percent... READ MORE

2nd November, 2017 1677

'THE WHITE HOUSE IS IN DISARRAY'


'Complicated and incredibly contentious' Tax reform is a complex matter... READ MORE

28th March, 2017 1660

EVERYTHING YOU NEED TO KNOW ABOUT THE SENATE GOP TAX PROPOSAL


SENATE BILL A corporate tax-rate cut to 20 percent would be delayed by one year to January 2019, according to GOP Senator Bill Cassidy of Louisiana... READ MORE

9th November, 2017 1534

TRUMP HEALTH CARE PLAN WOULD GIVE WEALTHY REPUBLICAN LAWMAKERS A TAX BREAK


Republicans who support Donald Trump's health care plan would be voting for what Democrats have slammed as a package of tax breaks for the wealthy... READ MORE

4th May, 2017 1394

TRUMP, REPUBLICANS CLOSE IN ON LEGISLATIVE WIN WITH TAX OVERHAUL BILL'S APPROVAL IN SENATE


U.S. Senate approves major tax cuts in legislative win for Trump... READ MORE

2nd December, 2017 1194

IVANKA TRUMP USED HER CHARM TO SELL AN EXPANDED CHILD TAX CREDIT, AND IT'S WORKING


Tax reform Ivanka Trump used her charm to sell child tax credit... READ MORE

4th November, 2017 1081

WHY ARE AMERICANS NOT INCLUDED IN THE PANAMA PAPERS?


The dearth of Americans on the Panama Papers doesn't minimize the broader problem, Gardner said... READ MORE

10th May, 2016 1078


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