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IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes since the nation's tax collector received a massive glut of ...
The cap on the deduction that taxpayers in high-tax states are able to take against their federal returns was set at $10,000 in the 2017 law and has been a concern for Republicans in high-tax ...
Say hello to Inflation Reduction Act tax breaks. The Inflation Reduction Act signed into law in August of last year provided a few new tax breaks that filers could take advantage of in the 2022 ...
The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.
This is a chronological list of United States federal legislation passed by the 107th and subsequent United States Congresses, starting in 2001. It includes links to articles on major legislation. For comprehensive lists, see the lists of acts passed by each Congress. For the main article on this subject, see List of United States federal ...
The Fair Tax Act (H.R. 25/S. 122) is a bill in the United States Congress for changing tax laws to replace the Internal Revenue Service (IRS) and all federal income taxes (including Alternative Minimum Tax), payroll taxes (including Social Security and Medicare taxes), corporate taxes, capital gains taxes, gift taxes, and estate taxes with a national retail sales tax, to be levied once at the ...
This week Missouri Gov. Mike Parson signed a new tax law passed by the General Assembly to cut income taxes to help Missourians struggling with rising costs and inflation.. But because of the way ...
The 117th United States Congress, which began on January 3, 2021, and ended on January 3, 2023, enacted 362 public laws and 3 private laws. [1] [2] Donald Trump, who was the incumbent president for the Congress's first seventeen days, did not enact any laws before his presidential term expired.
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