Washington Matters
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IRS $80 Billion Plan Targets Taxpayer Compliance, Improved Service
The IRS unveiled its much-anticipated strategic operating plan detailing how the agency will spend $80 billion in funding allocated over 10 years under the Inflation Reduction Act.
By Kelley R. Taylor • Published
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Etsy, eBay, PayPal Want IRS 1099-K Relief for Online Sellers
Companies like ebay, Etsy, and PayPal want Congress to raise the new $600 reporting threshold for IRS Form1099-K to give relief to millions of sellers who use their sites.
By Kelley R. Taylor • Published
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Biden Calls for Doubling of Capital Gains Tax Rate
President Biden wants to increase the capital gains tax rate and the Medicare tax rate to have wealthy people pay a “fairer” share of taxes.
By Kelley R. Taylor • Last updated
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Biden Wants a Wealth Tax: Should Billionaires Pay More?
Debate over how much tax billionaires and millionaires should pay is heating up given the wealth in the Biden budget.
By Kelley R. Taylor • Last updated
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Student Loan Forgiveness Update: When Will the Supreme Court Decide?
student loans Millions of people with student loans are wondering when, and what, the Supreme Court will decide on Biden's student loan forgiveness.
By Kelley R. Taylor • Last updated
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Are 87,000 New IRS Agents Coming for Your Tax Dollars?
taxes $80 billion in funding for the IRS has some people worrying about new IRS agents and audits.
By Kelley R. Taylor • Last updated
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Student Loan Forgiveness Blocked For Now Due to Court Rulings
Biden's student loan debt forgiveness program is on hold until the U.S. Supreme Court weighs in.
By Kelley R. Taylor • Published
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Student Loan Refunds Are Real, But You Might Not Be Eligible
student loans Since President Biden announced student loan debt relief, there has been a lot of talk about student loan refunds, which surprisingly have been around for a little while.
By Kelley R. Taylor • Last updated
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These States Could Legalize Marijuana Soon
Politics Initiatives on ballots this November reflect growing bipartisan support for legal recreational pot.
By Sean Lengell • Published