Latest National taxes News

People gather at the Supreme Court to honor the late Justice Ruth Bader Ginsburg, Saturday, Sept. 19, 2020, in Washington.  (AP Photo/Cliff Owen)

Ginsburg's death exposes fragility of health law protection

Sep. 21, 2020 5:45 PM EDT

WASHINGTON (AP) — With COVID-19 the newest preexisting condition, the Obama-era health law that protects Americans from insurance discrimination is more fragile following the death of Justice Ruth Bader Ginsburg. A week after the presidential election, the Supreme Court is scheduled to hear arguments on an...

Treasury Secretary Steven Mnuchin testifies before the House Select Subcommittee on the Coronavirus Crisis, during a hybrid hearing, Tuesday, Sept. 1, 2020, on Capitol Hill in Washington. (Graeme Jennings/Pool via AP)

Watchdog: Millions in danger of missing virus relief payouts

Sep. 21, 2020 4:34 PM EDT

WASHINGTON (AP) — Millions of Americans are in danger of missing coronavirus relief payments of up to $1,200 per individual because of incomplete government records, a government watchdog said in a report issued Monday. The Government Accountability Office, Congress’ auditing arm, said that possibly...

FILE - In this Sept. 14, 2020, file photo, California Gov. Gavin Newsom visits the Camelot Equestrian Park in Oroville, Calif. On Friday, Sept. 18, 2020, Gov. Newsom signed a law that makes more immigrants eligible for a tax credit. In June, California expanded the tax credit to immigrants who have jobs and pay taxes but don't have Social Security numbers. The law Newsom signed on Friday eliminates the requirement that immigrants must have children under the age of 6 to be eligible for the credit. (Carin Dorghalli/Bay Area News Group via AP, File)

New California law expands tax credit for immigrants

Sep. 18, 2020 6:40 PM EDT

SACRAMENTO, Calif. (AP) — California will give tax breaks to more immigrants — including those living in the country illegally — under a new law that Gov. Gavin Newsom signed Friday. The earned income tax credit gives cash back to people who have jobs but make so little that they often don't...

Google receives $25M tax break from Nevada to build facility

Sep. 17, 2020 10:34 AM EDT

RENO, Nev. (AP) — Google will receive more than $25 million in tax breaks after pledging an additional $600 million for a new data center in southern Nevada, state officials said. The company previously committed $600 million to the data center in the Las Vegas suburb of Henderson. Google also said it...

FILE - In this June 28, 2018, file photo, rolls of finished steel are seen at the U.S. Steel Granite City Works facility in Granite City, Ill.  Companies seeking relief from President Donald Trump’s taxes on imported steel and aluminum ran into long delays and cumbersome paperwork, a federal watchdog found, Wednesday, Sept. 16, 2020. The U.S. Government Accountability Office reported that the Commerce Department, overwhelmed by companies lobbying to avoid the tariffs, could not meet its own deadline for processing around three-fourths of the requests. (AP Photo/Jeff Roberson, File)

US companies seeking tariff relief faced red tape, delays

Sep. 16, 2020 12:18 PM EDT

WASHINGTON (AP) — Companies seeking relief from President Donald Trump’s taxes on imported steel and aluminum ran into long delays and cumbersome paperwork, a federal watchdog found. The U.S. Government Accountability Office reported that the Commerce Department, overwhelmed by companies lobbying to...

Molten aluminum is seen inside a smelter at the Alouette aluminum plant in Sept-Iles, Quebec, on May 21, 2019. The Trump administration said Tuesday, Spet. 15, 2020, it is dropping taxes on Canadian aluminum, easing tensions with a close ally and preempting Canada’s plans to impose retaliatory sanctions.  (Jacques Boissinot/The Canadian Press via AP)

US drops tax on Canada aluminum, heading off retaliation

Sep. 15, 2020 3:57 PM EDT

WASHINGTON (AP) — The Trump administration said Tuesday that it is dropping taxes on Canadian aluminum, easing tensions with a close ally just hours before Canada was prepared to impose retaliatory sanctions. The Office of the U.S. Trade Representative said the U.S. is ending the 10% tariffs a month after...

Tennessee revenues up $115M in August over projections

Sep. 15, 2020 1:49 PM EDT

NASHVILLE, Tenn. (AP) — Tennessee officials said revenues for August came in $115.1 million higher than state projections amid the coronavirus pandemic. The Tennessee Department Finance & Administration said last month’s revenues of $1.2 billion also topped the state’s August 2019...

FILE - In this Aug. 20, 2020, file photo Democratic presidential candidate former Vice President Joe Biden speaks during the fourth day of the Democratic National Convention at the Chase Center in Wilmington, Del. The former senator and vice president backs an active federal government that he says should support but not constrict private enterprise, and he believes the highest federal tax burden should fall on the wealthiest. (AP Photo/Andrew Harnik, File)

AP EXPLAINS: Biden's sizable but not radical tax plans

Sep. 13, 2020 3:28 PM EDT

ATLANTA (AP) — President Donald Trump describes Democratic challenger Joe Biden as a “tool” of “radical socialists” who are bent on taxing every American business and household into bankruptcy. Some progressives say Biden is a corporate crony who will never address systemic...

FILE - In this Wednesday, Aug. 7, 2019 file photo, President Donald Trump takes a question from a member of the media on the South Lawn of the White House in Washington before boarding Marine One. On Friday, Sept. 11, 2020, The Associated Press reported on a video circulating online incorrectly depicting Trump lost and meandering around the White House lawn. The original Aug. 7, 2019 video clip, available on C-SPAN, was edited to make it appear the president is experiencing dementia symptoms ahead of the election. (AP Photo/Andrew Harnik)

NOT REAL NEWS: A look at what didn't happen this week

Sep. 11, 2020 4:08 PM EDT

A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out. Here are the facts: ___ CLAIM: A total of 19,888 fake driver’s licenses that were made in China...

Republicans spar with Democrat over federal tax lien, loan

Sep. 10, 2020 11:56 PM EDT

SANTA FE, N.M. (AP) — New Mexico state House speaker Brian Egolf of Santa Fe says he has paid roughly $10,500 to the IRS, denying allegations of outstanding debts by a Republican Party official and a rival candidate in the general election. In a news release Thursday, Republican Party Chairman Steve Pearce...