Taxes

Millions of Americans could be in store for higher taxes as a result of the hottest inflation in 40 years.

Intuit will suspend TurboTax's "free, free, free" ad campaign and provide restitution to nearly 4.4 million consumers who used the Free Edition for tax years 2016 through 2018.

Internal Revenue Service Commissioner Charles Rettig sought congressional help Tuesday in stopping land-rights deals that the government views as abusive transactions.

Corcoran Group CEO Pamela Liebman said that the mass migration from big cities is taking people to places where they “can have a great lifestyle.”

The Florida governor's office has assured the state that Disney will not be passing tax burdens onto citizens.

Rep. Hakeem Jeffries, D-N.Y., announced Wednesday that the House will work on legislation to address high gas prices, and “the sooner the better.”

California lawmakers appear unlikely to pause the annual summer increase in the state's gasoline tax ahead of a May 1 deadline, Gov. Gavin Newsom’s office said on Monday.

Opponents of the Florida legislature's move to dissolve Disney's self-governed tax district say local taxpayers will be saddled with hefty debt and increased property tax payments, but proponents disagree.

Federal tax receipts likely surged to another record high this year, reflecting a booming economy and huge growth in corporate profits amid red-hot inflation.