Waste Management CEO reacts to Nancy Pelosi 'crumbs' comments on bonuses
Waste Management CEO James Fish responded to Rep. Nancy Pelosi’s (D-Calif.) criticism of bonuses given to employees following the passing of the Republican-backed tax reform bill.
Walmart plans to cut more than 1,000 corporate jobs
A day after promising to give its store workers raises and bonuses, Walmart is preparing to hand out pink slips at its headquarters.
Aflac shares sink as firm denies worker exploitation, faulty accounting
The insurance firm stands accused of various offenses, such as misleading employees about potential compensation, misclassifying employees as independent contractors, wage theft and doctoring earnings reports.
Tax reform will fatten paychecks for 2 million Americans and maybe more
Many of these Americans will plough their newfound cash right back into the economy.
Mnuchin sees $1 trillion revenue growth from U.S. tax overhaul
U.S. Treasury Secretary Steven Mnuchin said on Friday he believed the Republican tax cuts will ultimately become revenue neutral over 10 years due to higher growth, but the Treasury will likely ask Congress for more money to implement the plan.
How the IRS may mess up your paycheck this year
Beginning in February, Americans can expect to see tax reform changes reflected in their paychecks, however, the new system could leave more room for miscalculation where withholding amounts are concerned.
Fiat Chrysler, citing tax cuts, plans $2,000 employee bonuses and 2,500 new jobs
Fiat Chrysler will distribute special bonuses to 60,000 U.S. employees and add 2,500 new jobs as a result of the tax reform bill signed by President Donald Trump.
Tax reform: IRS, Treasury take first step toward raising your paycheck
The Internal Revenue Service and U.S. Treasury Department released new withholding guidance on Thursday, indicating that employees should see the tax reform changes reflected in their paychecks by next month.
Walmart boosts pay for one million U.S. workers, tax reform is the reason why
The nation's largest retailer underscores the power of President Trump's tax reform.
IRS in crisis? GOP pressed to increase funds with tax reform on the line
The Internal Revenue Service told Congress this week that it needs extra cash to not only carry out its basic administrative duties, but also to implement the GOP’s sweeping tax reform package, opening a door for the agency to potentially start anew with Republicans in the wake of the infamous targeting scandal.
Avoiding the mutual fund tax trap
Mutual funds are not immune to unnecessary tax liabilities, here's what to understand...
Walmart passing tax benefits onto US employees
FBN’s Tracee Carrasco on Walmart raising the minimum wage and giving bonuses to some of its hourly workers, Diet Coke getting a makeover and Generation X’s concerns about their retirement.
Google Maps, Waze turning a small NJ town into a traffic nightmare
Judah Zeigler, the mayor of Leonia, N.J., discusses efforts to get the town’s residential streets removed from navigation apps such as Waze and Google Maps.
IRS needs funding for GOP tax overhaul, report says
When new tax laws are passed, the agency needs to update forms, create new definitions, write regulations and field questions from taxpayers.
Trump’s tax reform to produce ‘cap-ex explosion,’ US growth
Experts expect the GOP's tax reform bill could create of surge of U.S. capital investment.
Apple special dividend coming? Makes sense, says Gene Munster
President Donald Trump's tax plan may make Apple CEO Tim Cook even more popular with investors.
Stocks hit new records and some investors get queasy
Some investors are getting cold feet, here's why.
New York, California among high-tax states looking to evade SALT cap
Lawmakers in high-tax states are looking for ways to circumvent the newly-imposed cap on the popular state and local tax (SALT) deductions that allow residents to save billions on their federal tax bills.
Jamie Dimon: Tax cuts shift American business into high-gear
JPMorgan Chase Chairman and CEO Jamie Dimon discusses the impact of tax reform.
Infosys signs agreement with U.S. IRS; sees lower tax rate
Indian software services company Infosys Ltd. on Tuesday said it has signed an agreement with the U.S. Internal Revenue Service (IRS), resulting in an effective tax rate of about 100 basis points lower going forward.