Latest National taxes News

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...

New York Gov. Andrew Cuomo delivers his State of the State address virtually from The War Room at the state Capitol, Monday, Jan. 11, 2021, in Albany, N.Y. (AP Photo/Hans Pennink, Pool)

Gov. Cuomo threatens tax hikes without $15B in federal aid

Jan. 19, 2021 3:51 PM EST

ALBANY, N.Y. (AP) — New York Gov. Andrew Cuomo warned Tuesday his state will raise taxes and reduce spending if Congress doesn't send $15 billion in unrestricted emergency COVID-19 aid. The Democrat presented two vastly different budget scenarios: one if Congress provides New York with $6 billion and...

German Interior Minister Horst Seehofer, left, and German Finance Minister Olaf Scholz, right, talk as they arrive for a meeting of the German federal parliament, Bundestag, at the Reichstag building in Berlin, Germany, Wednesday, Jan. 13, 2021. One topic of the meeting are the current developments of the new coronavirus pandemic in Germany. (AP Photo/Michael Sohn)

Germany's 2020 borrowing comes in well short of forecast

Jan. 19, 2021 8:19 AM EST

BERLIN (AP) — Germany borrowed 130.5 billion euros ($157.5 billion) last year as it loosened budget rules to help finance pandemic-related rescue and stimulus packages — a considerably smaller sum than was originally planned. After six years in the black, Germany resorted to running up new debt in...

Albuquerque schools appeals fines for late filings, payments

Jan. 18, 2021 4:24 PM EST

ALBUQUERQUE, N.M. (AP) — Albuquerque Public Schools officials say they are appealing more than $650,000 in fines from the IRS due to late tax form filings and payroll tax payments. The Albuquerque Journal reported that an audit of the school district's budget year that ended in June 2020 found the...

People stroll on the Trocadero square to watch the Eiffel Tower lightings, Friday, Dec. 11, 2020 in Paris. (AP Photo/Francois Mori)

France's hopes lift as US freezes tariffs over tech tax

Jan. 13, 2021 5:21 AM EST

PARIS (AP) — France’s government breathed a sigh of relief Friday after the U.S. indefinitely delayed tariffs on French cosmetics and other goods designed as retaliation for a French tax on technology giants. The U.S. Trade Representative’s office said in a statement Thursday that it...

FILE - In this April 23, 2020 file photo, President Donald J.Trump's name is printed on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak in San Antonio.  The IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers. A number of people who filed their taxes with an online preparation service initially found that their economic impact payment did not make it to them directly.   (AP Photo/Eric Gay)

IRS gets more relief payments out after delays

Jan. 12, 2021 2:07 PM EST

The IRS said that after initial problems, it is getting more of the second round of relief payments to taxpayers. The government began distributing the payments, worth $600 per eligible adult and dependent, at the end of December. However, many people who filed their taxes with an online preparation service...