Biden's IRS sparks outrage by targeting waiters' tips
FOX Business' Lydia Hu speaks to Toast Restaurant owner Amy Russo about the proposed new IRS plan to crack down on the service industry.
Biden IRS nominee promises not to increase audits of households making less than $400K
IRS commissioner nominee Daniel Werfel is expected to tell a Senate committee that if he gets the job, he will not increase audits on those making less than $400,000.
Princeton economist warns Biden’s tax on stock buybacks will hurt your 401(k)
Economist Burton Malkiel explains how corporate stock buybacks are "exactly" the kind of thing you want from a capitalist system, and says Biden's proposals are "just wrong."
Sell on eBay or get paid on Venmo? You probably owe the IRS taxes
New rules requiring Venmo, PayPal and cash app to send 1099-Ks for transactions over $600 kick in next year, but Americans still must report side-hustles to the IRS.
Super Bowl ad preview: Analytics firm reveals top trending ads ahead of Sunday's game
An ad analytics firm has tracked the popularity of ads and previews ahead of the big game, revealing which ads are trending to be the most memorable this year.
IRS reveals if you owe taxes on government relief checks
The IRS has determined whether state-issued rebate payments will count as taxable income for the 2022 tax season after telling taxpayers to delay filing.
High inflation could hit your taxes this year - here's how
Taxpayers living in at least 22 states could face higher taxes as a result of stubbornly high inflation, a phenomenon that is known as "bracket creep."
Calif. Gov. Gavin Newsom slams Sarah Huckabee Sanders over Arkansas murder rate
Former investment banker Carol Roth weighs in on Newsom's attack on Huckabee Sanders and COVID relief fraud on 'The Evening Edit.'
House GOP member aims to revolutionize tax system
House Budget Committee member Rep. Buddy Carter, R-Ga., discusses his Fair Tax Act and responds to Biden claiming Republicans want to end Social Security and Medicare on 'The Big Money Show.'
Sen. Rick Scott accuses Biden of using tax loophole, calls for president to resign
Sen. Rick Scott, R-Fla., discusses Biden's 'hypocritical' comments on social services during his days in Congress, and why he's accusing the president of cheating on his taxes.
Biden’s IRS slammed over plan to dip into tip jars: ‘Already struggling to survive’
With signs that the IRS is looking to crack down on servers and small businesses, one waitress alongside lawmakers on Capitol Hill spotlight how critical tips are.
Biden heads to Florida after accusing GOP of attacking social security
FOX Business' Edward Lawrence reports from the White House, where President Biden is departing for Tampa, Florida, to argue against Sen. Rick Scott's, R-Fla., Social Security proposal.
Rep. Claudia Tenney rips IRS: Won't solve budget problems 'by going after hard-working Americans'
Rep. Claudia Tenney, R-N.Y., on 'preserving and protecting' Social Security and a proposed IRS program to crackdown on tips.
Biden reignites push for new minimum tax on billionaires: What to know
A billionaire tax and higher levies on corporate stock buybacks were reintroduced by President Joe Biden in his State of the Union address on Tuesday night.
GOP response to SOTU: 'Washington taxes you and lights your hard-earned money on fire'
Arkansas Gov. Sarah Huckabee Sanders gave the Republican response to the President's State of the Union Address.
Hold off on filing your return, IRS tells millions of taxpayers
The Internal Revenue Service says it would clear up confusion this week about whether certain state refunds count as taxable income.
IRS proposes new reporting program for workers who earn tips
The IRS is asking for public feedback on a proposed tip reporting program for employers in the service industry.
Biden unlikely to condemn China during State of the Union: Martha MacCallum
'The Story' host Martha MacCallum discusses the US-China relationship and whether Biden will reference the Chinese spy flight during his State of the Union speech on 'The Big Money Show.'
CBO offers Congress options for saving Social Security, Medicare, Highway Trust Fund from insolvency
Deficit reduction options offered by the CBO and CRFB could extend the solvency of key trust funds for Social Security, Medicare and highways that are on a path to exhaustion.
Biden to revive push for wealth tax in State of the Union address
A billionaire tax and higher levies on corporate stock buybacks will be highlighted by President Biden in his State of the Union address on Tuesday night.