On Marijuana Tax, Colorado Asks: What’s Too High? If marijuana is legalized and properly regulated, its proponents have long said, it could generate millions of dollars in state tax revenue. But how the drug should be taxed has proved to be a thorny question. More
Senate planning vote on Internet sales tax bill The days of tax-free online shopping could finally be numbered. The Senate is planning to vote on a bill as soon as Monday that would give states the authority to collect sales taxes on all Internet purchases, handing local governments as much as $11 billion per year in added revenue that they are legally owed — but that hasn’t been paid to them for years. More
Where do more tax cheats live? South and West, IRS study shows Worried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles. You might also be wary if you're a small-business owner in one of dozens of communities near San Francisco, Houston, Atlanta or the District of Columbia. More
Obamas paid $112,000 in taxes in 2012 President Obama and first lady Michelle Obama paid more than $112,000 in taxes in 2012, an effective federal income tax rate of more than 18% for 2012, according to the White House. The Obamas and Vice President Biden and his wife released their tax returns Friday, three days before the April 15 tax filing deadline. More
Taxes Are Due by April 15, Unless You Live in One of These States For most states, Tax Day is April 15, 2025. But you might have a bit longer to submit your tax return in certain regions. 12/16/2024 - 9:30 pm | View Link
Tax Day 2025: The Earliest and Latest You Can File Your Taxes Here are your major deadlines to complete and mail in or electronically transmit your 2024 federal tax return. 12/14/2024 - 12:30 am | View Link
Tax Day 2024: Key Deadlines and What You Need to Know Be sure to mark Apr. 15, 2025, as the tax payment deadline for your 2024 taxes and plan accordingly for both your federal income taxes and state taxes. 12/11/2024 - 11:26 am | View Link
IRS Extends Tax Deadlines Until June 17 For Connecticut Storm Victims Filing and payment ... to file returns and pay any taxes that were originally due during this period. This means, for example, that the June 17, 2024, deadline will now apply to: In addition ... 01/22/2024 - 2:00 pm | View Link
IRS Extends April 18 Tax Deadline To Aug. 15 For Florida Storm Victims beyond the Aug. 15 deadline, must file their extension requests on paper using Form 4868. That’s because e-file options for requesting an extension are not available after April 18. By filing ... 05/2/2023 - 4:26 am | View Link
Tara Palmeri: “With five weeks until his return to the White House, Donald Trump is already delivering on his promise to wage legal vendettas against political enemies and journalists, alike. On Monday night, less than 48 hours after securing a $15 million settlement from ABC News, Trump filed a lawsuit in Iowa District Court accusing the venerated pollster Ann Selzer and her polling company—as well as The Des Moines Register and its parent company, Gannett—of ‘brazen election interference’ and consumer fraud over her November 2 poll showing Kamala Harris winning by three points in Iowa.”
“Whether that polling error constitutes an ‘election-interfering fiction,’ as the suit alleges, is now the question before a Polk County court.
“Americans are more confident in the country’s election system than they have been at any time since the 2020 election, according to a new study — a shift owed to a sea change in Republican sentiment since Donald J. Trump’s election,” the New York Times reports.
“The findings, which echo other post-election polling, underscore the role Mr.
“President-elect Donald Trump’s pick for secretary of defense, Pete Hegseth, justified the January 6, 2021, US Capitol attack and spread baseless conspiracy theories claiming the initial break-in was a false flag operation carried out by leftist groups disguised as Trump supporters,” CNN reports.
“In comments made immediately after the riot and in the days and weeks leading up to it, Hegseth also amplified false claims that the 2020 election was stolen, a narrative that fueled the violence at the Capitol that day.”
“At state capitols across the U. S. Tuesday, the presidential electors will be gathering to cast their electoral votes, formalizing President-elect Donald Trump’s victory over Vice President Kamala Harris in the 2024 election,” CBS News reports.
“Donald Trump is still a month out from taking office as president, but his tariff threats are already wreaking havoc with US neighbors,” Bloomberg reports.
“Canadian Prime Minister Justin Trudeau is reeling from a potentially fatal political blow after his finance minister quit in spectacular fashion, accusing him of not preparing seriously enough to face down Trump.”