Taxes April 11, 2025
Tax Time Triggers Fraud Alarms for Some Obamacare Enrollees
Tax season is when some consumers learn they were fraudulently enrolled in an Affordable Care Act plan or switched to a different one without their knowledge.
Taxes April 11, 2025
Trump Signs Bill Blocking IRS Crypto Tax Reporting Rule Biden Supported
President Donald Trump signed legislation to block an IRS rule that would have forced some cryptocurrency brokers to provide tax information on transactions conducted on their platforms.
Taxes April 11, 2025
China Calls Trump Levies a ‘Joke,’ Caps Tariffs on U.S. at 125%
Beijing will raise tariffs on all U.S. goods from 84% to 125% starting April 12, the Ministry of Finance said on Friday, after the White House clarified that levies on Chinese goods rose to 145% this year.
Taxes April 11, 2025
Pennsylvania Supreme Court Hears Arguments for Pittsburgh’s Jock Tax Collection
The fee often called the "jock tax" is a 3% charge applied to income out-of-state athletes and performers make while using PPG Paints Arena, PNC Park and Acrisure Stadium in PIttsburgh.
Taxes April 10, 2025
IRS Could Lose Billions in Revenue Due to Fewer Unauthorized Immigrants Paying Taxes
The IRS is at risk of losing an estimated $313.3 billion in revenue over the next 10 years as undocumented immigrants could become less likely to file taxes if they fear their tax information could be used to deport them.
Small Business April 10, 2025
Automated Tax Systems Help Relieve Tariff Stress of Cross-Border Trade
With rising tariffs, fluctuating de minimis thresholds, and evolving trade restrictions, staying compliant while maintaining a seamless customer experience is more difficult than ever.
Taxes April 10, 2025
Trump Sees ‘Transition Problems’ With China Tariffs at 145%
President Donald Trump said his tariffs may cause “transition problems” but expressed confidence in his plan, after the White House clarified U.S. tariffs on China rose to 145%.
Taxes April 10, 2025
Minnesota to Consider Tax on Social Media Platforms
Large social media platforms like Facebook, Instagram, TikTok, and X would pay a tax on the collection of user data, which they sell to advertisers.
Taxes April 10, 2025
House Republicans Approve Trump Budget Plan
President Donald Trump is pushing for what he has branded as “one big, beautiful bill,” including all major planks of his agenda for tax cuts, mass deportations, and a smaller federal government.
Taxes April 10, 2025
What is the Average Tax Refund Amount in Your State?
The average federal tax refund amount varies widely across states, with the highest refunds for taxpayers located in parts of the South and Mountain West, according to a new analysis from Upgraded Points.
Taxes April 9, 2025
Americans Who Say Their Taxes Are ‘Fair’ Reaches Near Record Low, Gallup Finds
More Americans believe what they pay in federal income taxes to the IRS is unfair, as tax fairness nearly reaches an all-time low, according to a new Gallup poll.
Taxes April 9, 2025
Trump Pauses Higher Tariffs on Most Nations But Hikes China Rate
President Donald Trump said April 9 he would pause higher reciprocal tariffs for 90 days on dozens of trade partners while raising duties on China to 125%.