Brackets may change. The standard deduction could fall. And President Trump will probably not remove taxes on Social Security income.
Category: Internal Revenue Service
Elon Musk’s DOGE Seeks Access to Americans’ Data, Alarming Government Employees
Employees from Elon Musk’s so-called Department of Government Efficiency are gaining access to vast amounts of information held by federal agencies, even as lawsuits try to stop them.
How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.
GLAAD Paid For CEO’s Lavish Spending, Documents Reveal
GLAAD paid for its chief executive to fly first-class, rent a Cape Cod house and remodel her home office. It may have violated I.R.S. rules.
How Trump’s Justice Dept. Derailed an Investigation of a Major Company
The industrial giant Caterpillar hired William Barr and other lawyers to defuse a federal criminal investigation of alleged tax dodges.
U.S. National Debt Tops $33 Trillion for First Time
The fiscal milestone comes as Congress is facing a new spending fight with a government shutdown looming.