Latest National taxes News

Families paying off rent, food, debts with child tax credit

Jul. 30, 2021 14:07 PM EDT

NASHUA, N.H. (AP) — Christina Darling finally replaced her 2006 Chevrolet Equinox after it broke down several times while picking her children up from day care. But the 31-year-old mother of two was struggling to keep up with the car payments. Brianne Walker desperately...

Justice says IRS must give Trump tax returns to Congress

Jul. 30, 2021 14:02 PM EDT

WASHINGTON (AP) — The Justice Department, in a reversal, says the Treasury Department must provide the House Ways and Means Committee former President Donald Trump’s tax returns, apparently ending a long legal showdown over the records. In a memo dated Friday,...

Justice Department tells Treasury to turn over Trump tax returns to Congress

Jul. 30, 2021 13:50 PM EDT
WASHINGTON (AP) — Justice Department tells Treasury to turn over Trump tax returns to Congress.

Carl Levin, Michigan's longest-serving senator, dies at 87

Jul. 30, 2021 04:06 AM EDT

DETROIT (AP) — Famous for gazing over eyeglasses worn on the end of his nose, Carl Levin seemed at ease wherever he went, whether attending a college football game back home in Michigan or taking on a multibillion-dollar corporation before cameras on Capitol Hill. ...

Ex-Sen. Levin, Michigan’s longest-serving senator, has died

Jul. 30, 2021 04:05 AM EDT

DETROIT (AP) — Former Sen. Carl Levin, a powerful voice on military issues in Washington and a staunch supporter of the auto industry back home in Michigan during his record tenure in the U.S. Senate, has died. He was 87. The Harvard-educated civil rights attorney and...

Spanish judge recommends Shakira face tax fraud trial

Jul. 29, 2021 08:29 AM EDT

BARCELONA, Spain (AP) — A Spanish judge investigating alleged tax fraud by Colombian musician Shakira recommended on Thursday that the case go to trial after concluding there is evidence that the pop star could have avoided her fiscal obligations to the state. Judge...

Infrastructure deal: Senate suddenly acts to take up bill

Jul. 29, 2021 08:03 AM EDT

WASHINGTON (AP) — The Senate has voted to begin work on a nearly $1 trillion national infrastructure plan, acting with sudden speed after weeks of fits and starts once the White House and a bipartisan group of senators agreed on major provisions of the package that’s key to President Joe...

Infrastructure deal: Senate suddenly acts to take up bill

Jul. 28, 2021 22:25 PM EDT

WASHINGTON (AP) — The Senate voted Wednesday night to begin work on a nearly $1 trillion national infrastructure plan, acting with sudden speed after weeks of fits and starts once the White House and a bipartisan group of senators agreed on major provisions of the package that’s key to...

German court dismisses bankers' appeal in tax evasion case

Jul. 28, 2021 15:20 PM EDT

BERLIN (AP) — Germany’s top court on Wednesday dismissed an appeal by two British bankers over their conviction in a massive tax evasion case, confirming that the so-called cum-ex transactions they used were illegal. The Federal Court of Justice also confirmed that...

Senators, White House in crunch time on infrastructure deal

Jul. 27, 2021 19:26 PM EDT

WASHINGTON (AP) — Time running short, senators and the White House worked furiously Tuesday to salvage a bipartisan infrastructure deal, with pressure intensifying on all sides to wrap up talks on President Joe Biden’s top priority. Despite weeks of closed-door...