tax

The Internal Revenue Service (IRS) is deploying most of its expanded army of federal tax collectors against the middle class, contradicting Democrats’ promises when they hiked its budget by $80 billion over the next 10 years in 2022.…

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As it has often had to do over the past several years, the Congressional Budget Office (CBO) recently released a report illustrating the fiscal problems looming dead ahead for the United States. Its most recent analysis, an annual report…

OTTAWA – The federal government has announced a new 6.3% tax on beer, wine, and all other alcoholic spirits that represent the last fragment of happiness in your otherwise pointless existence. “Coping mechanisms are lucrative – especially…

NEW YORK—Shedding new light on how the nation’s wealthiest avoided paying taxes, a new report released Monday by ProPublica found that U.S. billionaires have been paying zero dollars in federal income taxes for years by writing,“No thank…

PALM BEACH, FL—Declaring the penalty extreme and unjust, Donald Trump condemned the New York courts Friday for forcing his already cash-strapped supporters to pay a $1.6 million fine for tax fraud. “It is wrong for the courts to place this…

GUELPH, ON – Though tax season can bring bad news to some, for the Dubois family it brought a touching reunion between a mother and son. After months of silence between them, Julian Dubois reached out to his mother, Miriam. “It was just so…

TORONTO — Yesterday Rogers hit customers with an Entertainment Tax after a wild week of very public corporate shenanigans drew comparisons to prestige dramas Succession and Game of Thrones. “Our telecommunications giant Rogers…

The IRS has postponed the tax filing deadline to May 17, allowing filers an extra month to navigate any issues from the pandemic while the agency also grapples with a backlog of 24 million unprocessed 2019 returns. What do you…

OTTAWA – In a press release issued this past Wednesday, the Canada Revenue Agency has vowed to revolutionize its beloved customer service by hanging up on even more callers. According to CRA spokesperson Etienne Biram, “So many Canadians…