IRS
January 31, 2023 | Tom Ozimek
IRS Reminds Taxpayers of Key Deadline That They Should Know About to Avoid Scams
The Internal Revenue Service (IRS) has issued a reminder that Jan. 31 is the deadline for employers to file W-2 forms and other wage statements, and that wage earners should be aware of this deadline to help them guard against tax refund scams. Employers must submit Form W-2 and Form W-3 for the 2022 tax year to […]
January 20, 2023 | Tom Ozimek
IRS Reminds Wage Earners to Adjust 2023 Withholding Now or Face a Surprise Later
The Internal Revenue Service (IRS) has issued an alert to taxpayers, encouraging them to adjust their 2023 withholding so as to either avoid effectively giving the government an interest-free loan of their money or face the prospect of penalties and interest if too little tax is withheld. In a news release on Jan. 19, the […]
January 17, 2023 | Steve Lance
Capitol Report (Jan. 17): Former GOP Candidate Charged in Multiple Shootings; China COVID Death Count Called Into Question
A Republican candidate who lost in 2022 claimed the election was rigged. He’s now being arrested for a string of shootings at the homes of local Democrat politicians. President Joe Biden reacts to questions on classified papers. And the White House is getting grilled on past claims that a search for documents was complete. The […]
January 14, 2023 | Jack Phillips
IRS Announces Start of 2023 Tax Season: Here Are Some Key Changes
The Internal Revenue Service announced Thursday that the agency will begin accepting 2022 tax returns on Jan. 23 and that April 18 is the deadline to file taxes. In a news release, the agency said it expects that 168 million individual tax returns will be filed this year, and the “vast majority” will be filed before […]
January 12, 2023 | Beau Davidson
Sheriff McCarthy Is In Town
Kevin McCarthy, the former GOP Minority Leader, has been elected Speaker of the House on the 15th attempt and set a new tone for the 118th Congress, making concessions to obstinate members of his own party. But what will the McCarthy Era accomplish?
January 11, 2023 | Don Ma
IRS Is ‘Bloated’ and Inefficient, Rep. Norman Says as Bill to Abolish IRS, Replace Income Tax Is Introduced in House
The Republican-led House of Representatives could soon vote on legislation to abolish the IRS and replace the income tax code with a national consumption tax. Rep. Buddy Carter (R-Ga.) introduced the Fair Tax Act (pdf) on Wednesday. The bill would eliminate income, death, gift, and payroll taxes and replace the system with a national sales tax, […]
January 11, 2023 | Don Ma
NTD Business Full Broadcast (Jan. 11)
Chaos emerges at airports across the country after an overnight system outage disrupted travel, delaying thousands of flights. A bill to abolish the IRS has been introduced in the House. We talk to one Republican congressman and ask him what’s behind the idea. New York’s governor is pushing to ban natural gas heaters and appliances in […]
January 11, 2023 | Kevin Hogan
NTD News Today Full Broadcast (Jan. 11)
The House Oversight Committee has launched an investigation into the classified documents discovered in an office President Joe Biden used before his presidency. Flights are gradually resuming after being grounded or delayed on Jan. 11. The Federal Aviation Administration was scrambling to fix a system outage. The Republican-led House of Representatives is set to vote on legislation to […]
