The Trump administration said the tax cuts would pay for themselves, but according to a study “that’s just not true at all.”
A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 to $5,000.
Spurred by tax cut policy, backers of “dynamic scoring” want the math to include wider economic benefits, not just implementation costs.
Every quarter, Deloitte asks financial leaders how they’re feeling about the economy. Its latest report says the CFOs are feeling pretty pessimistic.
Policy experts say the benefits of the “pass-through” deduction, part of the 2017 tax law, mostly help wealthy business owners.
Janet Yellen addresses the state of the U.S. economy and underscores the country’s rivalry and collaboration with China in an interview.
Dorothy Brown of Georgetown University has spent her career researching race and the tax code. Now, she advises the Treasury Department.
Fed Chair Jerome Powell testifies on Capitol Hill tomorrow and Wednesday. President Biden is set to release a budget outline on Thursday, and we get February jobs numbers this Friday.
Professor Dorothy Brown of Emory University became a “detective,” searching for data on how the tax code impacts Black Americans.
Legalization advocates say there is a tax, and business case, to be made for federal legalization.
