Elon Musk made his intention to move the headquarters of his companies SpaceX and X, formerly Twitter, from California to Texas after California Governor Gavin Newsom signed a transgender rights law.

The IRS has successfully collected $1 billion in back taxes from high-wealth taxpayers under Biden's economic package, aiming to enhance tax fairness and compliance while facing potential budget cuts from Republicans.

The extension of the 2017 Tax Cuts and Jobs Act would predominantly benefit higher-income households, according to an analysis by the Urban-Brookings Tax Policy Center.

The IRS issued a rare apology to billionaire hedge fund director Ken Griffin and numerous other affluent individuals following a settlement of a lawsuit over a data breach

The IRS has introduced new guidelines allowing individuals facing personal emergencies, including domestic violence victims, to withdraw up to $1,000 or $10,000.

Arkansas Governor Sarah Huckabee Sanders signed legislation during a special session to reduce the state's property and income taxes, including cuts to corporate and individual rates.

As the IRS tax deadline approaches in 2024, several states are granting extensions until November, offering taxpayers additional time to file their returns amidst ongoing changes and challenges.

If re-elected, former President Donald Trump announced on Sunday that his administration would eliminate taxes for workers who get tips.

Spotify has increased all of its premium subscription in France by 1.2% in response to the French government’s levy on music streaming platforms.

Intuit's shares fell sharply after the company reported a loss of one million free TurboTax users, raising concerns about demand for its software despite a rise in average user spending and increased revenue.