The I.R.S. Tried to Stop This Tax Dodge. Scott Bessent Used It Anyway.

Like many on Wall Street, Treasury Secretary Scott Bessent used a limited partnership to avoid Medicare taxes. Unlike the ...
YouTube on MSN

Rangers Face Payroll Pressure but Stars Expected to Stay

The Texas Rangers are expected to trim payroll this offseason to avoid luxury-tax penalties, but cornerstone players like Corey Seager, Jacob deGrom, and Nathan Eovaldi are likely to remain in ...

Author of 'The Second Estate' argues that America's tax code has created a new aristocracy

In her book The Second Estate, Ray Madoff explains how the U.S. tax system lets the ultra-rich grow their wealth tax-free while working Americans bear the burden.
Statesman Journal

Cherriots will delay implementation of payroll tax, form committee with businesses

The board of Cherriots decided Oct. 23 to form a committee that includes members of the business community and delay implementation of a payroll tax on businesses in Salem and Keizer. The board was ...
Hosted on MSN

CA could face 3.7% payroll tax hike due to new audit findings

(The Center Square) California is scrambling to avoid an automatic 3.7% payroll tax increase to cover its projected $23.2 billion debt to the federal government for COVID-era unemployment benefits ...
Los Angeles Times

Letters to the Editor: If AI is going to replace human workers, where will payroll taxes come from?

To the editor: Salesforce has eliminated 4,000 jobs because of artificial intelligence (“Salesforce CEO Marc Benioff says he cut 4,000 support roles because of AI,” Sept. 2). This means 4,000 fewer ...
Accounting Today

Employers never paid $2B in deferred payroll taxes

The Internal Revenue Service headquarters in Washington, D.C. Approximately 10,000 employers never paid the Social Security taxes they have deferred ever since the pandemic, according to a new report.
TechRepublic

Best Crypto Tax Software 2025 – Compare Top Tools Now

Compare the best crypto tax software to save time, reduce errors, and file your crypto taxes stress-free. The best crypto tax software simplifies transaction import, calculates gains and losses, and ...
KOIN 6

Gov. Kotek proposes raising gas and payroll taxes to avoid ODOT cuts

Editor’s note: A previous version of this story had an error regarding the starting percentage and has since been updated. SALEM, Ore. (KOIN) — It’s full steam ...
Local News 8

Deputies arrest owner of “Williams Tax Service/Chester Payroll” for alleged financial fraud

FREMONT COUNTY, Idaho (KIFI) — On Wednesday, August 7, Fremont County Sheriff's Office deputies arrested Junell Williams for allegedly defrauding clients of her businesses, "Williams Tax Service" and ...
KTVZ

Governor Kotek pitches gas and payroll tax, fee hikes to avoid ODOT cuts; GOP calls proposal ‘tone-deaf’

SALEM, Ore. (KTVZ) – Governor Tina Kotek unveiled more details Thursday of her proposed funding solution of tax and fee increases lawmakers will take up at an August 29 special session. She said the ...
WESH

Orlando residents sentenced in $146 million payroll fraud scheme

Three Orlando residents were sentenced for a $146 million construction payroll scheme that defrauded the Internal Revenue Service and workers' compensation insurers. Senior U.S. District Judge Timothy ...