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1 hour ago · Taxpayers using Direct File claimed more than $90 million in tax refunds and reported $35 million in tax balances due, the agency said. It added that Americans saved an estimated $5.6 million in ...
1 hour ago · In addition, 44% of Direct File users said tax filing was less expensive than last year (as opposed to 10% among others). Over a third (36% versus 13% among others) said that tax filing took less time than last year, with more than 60% of Direct File users being able to file in under an hour.
19 hours ago · The government's tax revenues primarily result from indirect taxes like the value added tax. [319] : 6 China's personal income tax accounts for about 6.5% of tax revenues, as of at least 2024. [319] : 6 It is a progressive tax , with the top income tax bracket is taxed at 45% of income.
- 1,411,750,000 (31 December 2022 est.)
19 hours ago · In 2021, the Tax Court issued a ruling in favor of the estate, ruling that the estate's total combined value of the estate was $111.5 million and that the value of Jackson's name and likeness was $4 million (not the $61 million estimated by the IRS's outside expert witness).
News about IRS, Julie Jason, Form 1099-DA
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19 hours ago · The National Unity Government then declared the formation of an armed wing on 5 May 2021, a date that is often cited as the start of a full-scale civil war. This armed wing was named the People's Defence Force (PDF) to protect its supporters from military junta attacks and as a first step towards a Federal Union Army. The civil war is ongoing ...
19 hours ago · Due in large part to foreign aid and investment inflow following the end of the war, Liberia maintains a large account deficit, which peaked at nearly 60% in 2008. Liberia gained observer status with the World Trade Organization in 2010 and became an official member in 2016.
19 hours ago · Tax is collected by the Hawaii Department of Taxation. Most government revenue comes from personal income taxes and a general excise tax (GET) levied primarily on businesses; there is no statewide tax on sales, personal property, or stock transfers, while the effective property tax rate is among the lowest in the country.
