Attorneys for President Donald Trump and the Internal Revenue Service told a federal court Friday that they’re in talks aimed at resolving a $10 billion lawsuit over leaked tax records tied to the president, his adult sons and his company. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. … Read more
Gov. Kathy Hochul tries to placate Mayor Mamdani with a new pied-à-terre levy. Source link
NEW YORK — New York City Mayor Zohran Mamdani is still making money from his short-lived career as a multilingual rapper, tax filings show. But the 34-year-old Democrat’s meteoric rise as a celebrity politician has brought only a modest increase in hip-hop profits: he took home $1,643 in music royalties last year, up only slightly … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT Court records show Justin Fairfax and his wife were in a contentious divorce 03:51 Former Virginia Lt. Gov. Justin Fairfax kills wife and dies by suicide 01:12 Fidel Castro’s grandson speaks on Cuba’s future, Trump, and social media … Read more
IRS CEO Frank Bisignano discusses Tax Day, rising refunds and ‘Trump accounts’ for kids IRS CEO Frank Bisignano reveals average tax refunds are up more than 11% for Tax Day 2026, with over $270 billion issued. He credits the Working Families Tax Cut Act for permanent tax cuts and reducing the tax burden. Bisignano also … Read more
NEWYou can now listen to Fox News articles! If you missed the April 15 tax deadline, the clock is already ticking on penalties and interest — but there are still steps you can take to reduce the damage. Experts say taxpayers should file immediately, even if they can’t pay their full bill, and pay as … Read more
NEWYou can now listen to Fox News articles! President Donald Trump is heading this week to two crucial swing states in this year’s midterm elections to highlight the tax cuts that Republicans in Congress passed, and which he signed into law, last year. He will visit Nevada on Thursday and Arizona on Friday. The stops … Read more
LAS VEGAS — President Donald Trump heads to Las Vegas on Thursday to promote the tax cuts he signed into law last year to try to highlight what Republicans see as an economic strength ahead of this year’s elections. Workers who earn tips and overtime are seeing bigger returns this tax season, but those savings … Read more
NEWYou can now listen to Fox News articles! New York City Mayor Zohran Mamdani celebrated a proposal to tax luxury second homes owned by the ultra-wealthy, a plan expected to generate at least $500 million annually. Earlier in the day, New York Gov. Kathy Hochul unveiled a pied-à-terre tax on luxury second homes in New … Read more
A proposal for a tax on luxury second homes is emerging as a popular solution for taxing the wealthy. Source link