The Latest Breaking News from Federal Taxes

Commentary: The IRS is becoming a model of efficiency. Really

Paying taxes is like paying a visit to the dentist: We might not like doing it, but deep down we know we need to. Among other things, our federal taxes fund national defense, health care for veterans, loans to small businesses, critical repairs for crumbling road and rail bridges, and…

Tribune News Service · Apr 13, 2023

How to file your taxes and get your refund for free in 2023

Historically, April is tax time. (We will hold briefly for boos.) But there is a silver lining. Two, actually: Most people don’t need to pay for special software to file them. And if you’re fortunate enough to be a Californian, your state and federal taxes probably aren’t due until October.

Los Angeles Times · Apr 5, 2023

Brazil govt to resume fuel taxes -ministry

The Brazilian government is set to resume the collection of federal taxes on fuels this week, the Finance Ministry said on Monday.

Reuters · Feb 27, 2023

Pritzkers release tax returns: Last year’s $18.5 million in taxable income more than triple previous year

Gov. J.B. Pritzker’s campaign released partial 2021 state and federal tax returns, which also show the Pritzkers paid $4,733,028 in federal taxes and $883,780 in state taxes.

Chicago Sun-Times · Oct 14, 2022

Operation Lone Star troops could owe feds tax money thanks to state’s payroll error

On Thursday, officials with the Texas Military Department acknowledged that the payroll system they used for the mission has withheld too little in federal taxes from service members’ paychecks.

The Texas Tribune · Oct 7, 2022

Brazil's Lula to continue tax reform but replace income tax bill if elected, says aide

Brazil's former President Luiz Inacio Lula da Silva, if elected in October, will back a tax reform bill currently in the Senate that would unify federal taxes on consumption into one valued-added tax, a close aide told Reuters on Thursday.

Reuters · Aug 11, 2022

US tax bill costs corporations nearly $300 billion more, while middle class pays less

Corporations will pay nearly $296 billion more in U.S. federal taxes over the next decade, and middle-income households will see some tax cuts, under the tax-and-climate bill that is likely to become law in the coming days.

Tribune News Service · Aug 9, 2022