admin

0 Comments
David Paul Morris | Bloomberg | Getty Images Being in the market for a new car right now is challenging, to say the least. Heading into the long Labor Day weekend, transaction prices remain elevated. While the three-day stretch normally marks when dealerships hold big sales events to clear their lots and make room for
0 Comments
Kraft Heinz Co. agreed to pay a $62 million penalty to settle a federal securities regulator’s claims that the company engaged in an expense-management scheme that resulted in inflated earnings. Kraft engaged in various types of accounting misconduct, including recognizing unearned discounts from suppliers and maintaining false and misleading supplier contracts, according to a Friday
0 Comments
The Tax Foundation is pleased to submit comments on the cannabis excise tax provisions of the Cannabis Administration and Opportunity Act (CAOA). Tax Foundation is a nonpartisan, nonprofit research organization that has monitored fiscal policy at all levels of government since 1937. As a Section 501(c)(3) nonprofit, nonpartisan organization, we take no position on any
0 Comments
Everybody’s All-American thief; getting a new kind of number; out of a job; and other highlights of recent tax cases. Metairie, Louisiana: A state court has permanently barred tax preparer Brischea Bowman Johnson from preparing, filing or assisting with the preparation or filing of any Louisiana returns but her own. Johnson was arrested in 2020
0 Comments
Was this page helpful to you? Thank You! The Tax Foundation works hard to provide insightful tax policy analysis. Our work depends on support from members of the public like you. Would you consider contributing to our work? Contribute to the Tax Foundation Share This Article! Let us know how we can better serve you!
0 Comments
Since the start of the pandemic, some workers have had to put their higher education goals on hold. Now, more companies are trying to help revive those college aspirations. Target and Walmart recently announced tuition reimbursement programs to help employees with the cost of going back to school. Amazon will reimburse up to 95% of tuition and
0 Comments
Key Findings The Biden administration’s budget proposals have several provisions focused on raising taxes on the U.S. fossil fuel industry. These proposals largely depart from neutral tax policy and intentionally target the industry. Internal Revenue Service data does not indicate any substantial tax preference for the fossil fuel industry, rather indicating the industry pays relatively