States differ on whether to conform to HR-1, leaving taxpayers with a patchwork of rules depending on where they live.
One scholar says the effects of more restrictive immigration policy stand to impact the economy at least as much as tariffs.
The House version of the legislation would add $2.4 trillion to the deficit over a decade.
Data from payment processor Toast indicates tipped amounts vary widely by state. We look at what impact a no tax on tips policy would have on the tipping landscape.
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.
