The House passed a $78 billion tax package that restores several Trump-era tax cuts. Brandon Arnold, the executive VP of the National Taxpayers Union, explained what it means for taxpayers and the U.S. economy.
The former Internal Revenue Service (IRS) consultant accused of stealing and leaking tax return information associated with high-ranking government officials and wealthy individuals, including former President Donald Trump, pleaded guilty in federal court on Oct. 12. Charles Littlejohn, 38, of Washington, D.C., pleaded guilty to one count of unauthorized disclosure of tax return and return […]
The IRS refused to pay some stimulus checks during the pandemic, wrongly claiming some taxpayers were dead, according to a report from the Treasury’s Office of Inspector General. According to the report, some taxpayers were told their accounts were locked when attempting to access stimulus checks. China’s largest private real estate developer Country Garden is […]
The IRS says going digital is going to cut the processing times in half and speed up refunds by four weeks. Taxpayers will also be able to submit more correspondence online and the agency thinks that will enable up to 125 million paper documents to be sent every year. People will also be able to […]
The Internal Revenue Service (IRS) has announced a major yet “common-sense” policy change that will put an end to most unannounced agent visits to taxpayers’ homes, mostly due to security concerns. The move, effective immediately, reverses decades of policy that saw IRS revenue officers knock on the doors of taxpayers’ homes without forewarning in attempts […]
Three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Google and Facebook parent company Meta over the course of at least two years, according to a group of congressional Democrats Wednesday. U.S. consumer prices saw their smallest annual increase in more than two years. The CPI report Wednesday […]
A recent reminder from the Internal Revenue Service (IRS) for taxpayers to submit their tax returns, plus any owed payments, by the April 18 deadline, also included several strategies that people struggling to pay by the deadline can use to avoid or reduce penalties. In a news release issued Thursday, the IRS reminded people about the […]
The Federation for American Immigration Reform (FAIR) has just released a report on the major financial costs of illegal immigration on American taxpayers. NTD speaks with FAIR’s media director Ira Mehlman to discuss some of the major components of the report.
Transit agencies could turn to taxpayers for more money when federal COVID-19 money runs out. With federal money dwindling, some mass transit agencies are preparing to seek more tax dollars at a time when fewer people are riding, according to a report from a credit rating agency. Some workers never plan to return to the office, […]
According to the latest report, illegal immigrants released into the United States are costing taxpayers an additional $20 billion annually. NTD spoke with RJ Hauman from the Federation for American Immigration Reform about this report.
U.S. taxpayers are forking out an additional over $20 billion each year to meet the needs of illegal aliens who entered the country under the Biden administration, according to a new cost analysis by the Federation for American Immigration Reform (FAIR). The immigration group said it “conservatively estimates” that American taxpayers will end up paying […]
The Internal Revenue Service (IRS) said on Friday it accidentally exposed but has since removed the confidential financial information of about 120,000 taxpayers. In a letter to Homeland Security Chairman Rep. Bennie Thompson (D-Miss.), Treasury Department acting Assistant Secretary for Management Anna Canfield Roth wrote that the IRS “recently identified an inadvertent and now-corrected disclosure of […]
As of Aug. 30, the Biden administration has left how it’s going to pay for its student loan forgiveness plan rather ambiguous. The White House says it will simply use money that comes into the Treasury from deficit reduction. Some experts say this means costs will ultimately just be carried by taxpayers.
The Internal Revenue Service (IRS) warned American taxpayers on Monday that scammers are still using the COVID-19 pandemic stimulus funds to steal people’s money and identity, and called on taxpayers to stay vigilant to such criminal activities. In a bulletin, the IRS said that criminals are using stimulus payments, or economic impact payments (EIPs), as well as unemployment information and […]
American taxpayers could be in for a “frustrating season” when it comes to filing their taxes this year due to delays caused by the COVID-19 pandemic and budget cuts to the IRS, Treasury Department officials warned on Monday. The IRS will start accepting and processing 2021 returns on Jan. 24 and the filing deadline for most taxpayers […]
Three million dollars a day—that’s how much it’s costing not to build the border wall. A new Senate report says President Joe Biden’s attempts to end wall construction have cost taxpayers well over a billion dollars since he took office.
IRS data tracking state-to-state migration shows that blue states saw a net outflow of hundreds of thousands of taxpayers who took nearly $27 billion in taxable gross income with them to red states. The most recent IRS migration data shows that in the years 2017-2018, a net 399,892 taxpayers and their dependents left blue states—in this […]
California, with its relatively large tax burden compared to other states, has seen a taxpayer exodus in recent years and, along with it, billions in taxable gross income. State-to-state migration data recently released by the Internal Revenue Service (IRS) shows that California lost an estimated net 70,534 households—or 165,355 taxpayers and their dependents—in the years […]
