Taxes

With another four years of Bidenomics, you can be certain that, at the individual and corporate level, a perpetuity tax on Social Security will become front and center.

General Motors has filed a lawsuit against the city of San Francisco claiming it was overcharged $121 million in taxes and penalties linked to its Cruise division.

Twelve states are reducing their individual income taxes this year, putting more money into many Americans' pockets during a time of still-high inflation.

The IRS adjusted the income limits for the different tax brackets in the 2024 tax year as still-high inflation continues to squeeze Americans financially.

Americans who owe back taxes will be given an incentive to pay up after the Internal Revenue Service said Tuesday it would waive nearly $1 billion in late-payment penalties.

Billionaire investors are turning to the United Arab Emirates and its Abu Dhabi Global Market as a financial refuge with other tax havens facing heightened regulatory scrutiny.

FOX Business' Stuart Varney reacted to Elizabeth Warren arguing the purchase of Subway food chain by private equity firm Roark Capital creates a monopoly.

The Supreme Court heard arguments this week in a case that experts say could upend the U.S. tax code and preemptively rule out a levy on wealthy Americans.

Democratic Minnesota Gov. Tim Walz called "bulls---" on Wednesday when responding to the IRS decision to tax Minnesotans on a rebate check.

Tesla notified customers that the $7,500 federal tax credit for electric vehicle purchases will be cut in half for two of its popular models starting in 2024.

The IRS is raising the interest penalty for underpayment of estimated taxes, with taxpayers who are self-employed or work as independent contractors urged to be vigilant.