Thanks to the recently-passed American Rescue Plan Act, if you have kids, you might qualify for a new Child Tax Credit-- and the IRS could even send you monthly 'child allowance' payments later this year.
Republicans pushed a nearly $1.5 trillion tax bill through the Senate early Saturday after a burst of eleventh-hour horse trading, as a party starved all year for a major legislative triumph took a giant step toward giving President Donald Trump one of his top priorities by Christmas.
President Donald Trump vowed to deliver on a major tax cut for middle-class Americans on Tuesday as the White House and congressional leaders prepared to release details on a tax overhaul proposal that would slash the corporate rate and simplify the nation’s tax code.
NEW DELHI (AP) — Indian police have arrested 70 people and are questioning hundreds more after uncovering a massive scam to cheat thousands of Americans out of millions of dollars by posing as U.S. tax authorities and demanding unpaid taxes.
BRUSSELS (AP) -- Apple has to pay up to 13 billion euros ($14.5 billion) - plus billions more in interest - in back taxes to Ireland after the European Union found Tuesday that the U.S. technology giant contributed almost no tax across the bloc's 28 countries for 11 years.