The Internal Revenue Service plans to delay this year’s tax filing deadline by roughly a month, to mid-May. Democratic Reps. Bill Pascrell of New Jersey and Richard Neal of Massachusetts, the chairman of the House Ways and Means Committee, said that the new deadline would be May 17. The IRS late Wednesday put out a statement confirming […]
The Internal Revenue Service said Friday that some stimulus payments will start going out next week, starting with people who have filed tax returns for 2018 or 2019 and authorized direct deposit. The first round of direct-deposit payments will be made automatically to qualifying taxpayers. Social Security beneficiaries will also receive their payments automatically. Those payments will […]
The Supreme Court said Friday it will consider whether the House and a New York prosecutor can subpoena President Donald Trump’s longtime accounting firm and banks for his financial records, two monumental disputes concerning separation of powers and Trump’s broad claims of immunity that will be decided in the heart of the presidential campaign. In […]
A federal judge in California blocked a state law that requires candidates for president to disclose income tax returns before their names can appear on the state’s primary ballot. The ruling is a win for President Donald Trump, who is resisting efforts to turn over his tax returns in a battle largely playing out in the courts. US […]
A federal judge has ordered a temporary injunction against the California law requiring presidential candidates to release their tax returns to secure a spot on the state’s presidential primary ballot — a law aimed at President Donald Trump, who has not released his tax returns. In a ruling Thursday, US District Court Judge Morrison England, […]
California Democratic Gov. Gavin Newsom signed a bill Tuesday that will require presidential candidates to disclose the last five years of their taxes in order to appear on the state primary ballot, the latest Democratic-led state to pressure President Donald Trump to reveal his financial information or risk being kept off the ballot. The Presidential Tax Transparency and […]
Joe Biden, who long described himself as one of the poorest members of the U.S. Senate and built his political persona on his middle-class roots, became a multimillionaire after leaving the White House, according to new tax filings and a financial disclosure released by his campaign Tuesday. The former vice president and his wife reported […]
