Latest National taxes News

Democratic Rep. Daymon Ely argues against a proposal by GOP members to require in-person voting during the annual legislative session on Monday, Jan. 25, 2021, in Santa Fe, N.M. Ely was one of a handful of Democratic representatives who appeared on the House floor in person. Most are viewing and voting remotely by video conference. (AP Photo/Cedar Attanasio)

State relief plans take shape at New Mexico Legislature

Jan. 27, 2021 8:00 PM EST

SANTA FE, N.M. (AP) — An economic relief package is taking shape at the New Mexico Legislature as a Senate panel endorsed a $600 rebate to low-income workers and a separate bill that would waive licensing fees on liquor stores. Residents of New Mexico who earned up to $31,200 during 2020 would be eligible...

FILE - This photo combo of images shows the Amazon, Google and Facebook logos. An international debate over how countries tax big U.S. technology companies such as Google, Amazon and Facebook is heating up. It's a challenge for the new U.S. Biden Administration, since talks face a mid-year deadline to reach a global deal that all agree on _ and defuse trade disputes with France and other countries that are imposing go-it-alone taxes the U.S. sees as discriminatory. (AP Photo, file)

Debate heats up over how countries tax Big Tech companies

Jan. 27, 2021 11:46 AM EST

FRANKFURT, Germany (AP) — An international debate over how countries tax big U.S. technology companies such as Google, Amazon and Facebook is heating up, presenting a challenge for President Joe Biden's new administration. A mid-year deadline is on the horizon for talks about a global deal to defuse trade...

FILE - In this July 1, 2020 file photo, Instacart worker Saori Okawa loads groceries into her car for home delivery in San Leandro, Calif. Many new gig workers aren’t aware of the tax obligations associated with their new status as independent contractors. Delivery drivers, grocery runners and freelancers need to pay income and self-employment tax on their earnings, which can amount to 30% of their earnings.   (AP Photo/Ben Margot, File)

Millennial Money: 3 things to know if you’re new to gig work

Jan. 26, 2021 7:07 AM EST

Shutdowns, layoffs and salary cuts brought on by the coronavirus pandemic have left millions of Americans searching for new sources of income. Those who’ve recently turned to gig work may be weeks away from a financial surprise in the form of unexpected tax bills and insurance coverage fine print. ...

Maine can't afford same tax credit as feds on pandemic aid

Jan. 25, 2021 5:53 PM EST

AUGUSTA, Maine (AP) — The Mills administration told lawmakers Monday the state cannot afford to fully mirror federal tax cuts on pandemic aid that funneled into Maine, saying it would cost $100 million. Republicans pushed backed, saying more needs to be done to help hard-hit businesses. Several billion...

FILE - This undated file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)

Liz Weston: The tax credit fix many can't afford to miss

Jan. 25, 2021 7:10 AM EST

Families battered by the pandemic recession soon may discover that the tax refunds they’re counting on are dramatically smaller — or that they actually owe income tax. Congress offered a partial solution, but the fix hasn’t been widely publicized, consumer advocates say. Refunds are crucial...

FILE - In this Oct. 17, 2010, file photo, Georgia Labor Commissioner Republican candidate Mark Butler smikles during a televised debate in Atlanta. Georgia could allow unemployed people to earn up to $300 a week while keeping their full unemployment benefits and pay up to 26 weeks of benefits under a bill that has passed the General Assembly. (AP Photo/Rich Addicks, File)

Georgia job market mixed; Kemp spends cash to stop tax hike

Jan. 21, 2021 2:49 PM EST

ATLANTA (AP) — Georgia's job market flashed mixed signals in December, with employers adding more people to payrolls and the unemployment rate ticking down even as the labor force shrank. The new figures were released Thursday as Budget Director Kelly Farr told lawmakers that Gov. Brian Kemp's...

FILE - In this Monday, June 2, 2014 file photo, European Union Ambassador to the US Joao Vale de Almeida answers questions during a newsmaker interview at the Associated Press in Washington. Britain has sparked a post-Brexit spat with the European Union on Thursday, Jan. 21, 2021 by declining to grant the bloc’s first-ever ambassador to the country full diplomatic status. Joao Vale de Almeida is the 27-nation EU’s envoy to the U.K., which left the bloc last year. But the British government says the EU is an international organization, rather than a country, and has not given Vale de Almeida the full rights accorded to ambassadors, including immunity from taxation and prosecution.  (AP Photo/J. David Ake, file)

UK, EU in spat over diplomatic status of bloc's ambassador

Jan. 21, 2021 12:14 PM EST

LONDON (AP) — Britain has sparked a post-Brexit spat with the European Union by declining to grant the bloc’s first-ever ambassador to the country full diplomatic status. Joao Vale de Almeida is the 27-nation EU’s envoy to the U.K., which left the bloc last year. The EU says he should be...

Brunswick abandons longtime plan for convention center

Jan. 21, 2021 10:48 AM EST

BRUNSWICK, Ga. (AP) — Officials in a coastal Georgia city are abandoning a decades-long plan to build a convention center and hotel, seeking to use money set aside for the project to reduce property taxes. Brunswick city commissioners on Wednesday unanimously approved a resolution declaring the proposed...

President Donald Trump and first lady Melania Trump board Air Force One at Andrews Air Force Base, Md., Wednesday, Jan. 20, 2021.(AP Photo/Manuel Balce Ceneta)

AP FACT CHECK: Trump's fiction in his goodbye to Washington

Jan. 20, 2021 3:50 PM EST

WASHINGTON (AP) — In his final remarks as president, Donald Trump tried to take credit for accomplishments of his predecessor and even those to come under President Joe Biden. Falsehoods suffused his farewell remarks Wednesday morning and the night before, though he was spot on with this: “We were...

The moon rises over the West Wing of the White House, on President Donald Trump's last day in office, Tuesday, Jan. 19, 2021, in Washington. The Marine guard at the entrance signifies the president is in the Oval Office. (AP Photo/Gerald Herbert)

AP FACT CHECK: Trump's farewell falsehoods

Jan. 19, 2021 8:22 PM EST

On his way out, President Donald Trump claimed credit for things he didn't do and twisted his record on jobs, taxes, the pandemic and much more. Falsehoods suffused his farewell remarks to the country. As well, in noting Americans were “horrified” by the storming of the Capitol this month, he...