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#taxes

2 articles

Finance

IRS Employees Owe $50M in Back Taxes, Audit Finds

An audit revealed that nearly 6,000 IRS employees owe approximately $50 million in overdue taxes, prompting calls for greater transparency and accountability. Senator Joni Ernst has introduced legislation to address the issue, aiming to publish lists of delinquent federal employees.

1 hour ago
Finance

New Entrepreneurs Face Shocking Tax Bills

New entrepreneurs are often blindsided by significant tax bills as their businesses become profitable. Understanding self-employment taxes and planning ahead are crucial to avoid financial distress and ensure long-term business success.

52 minutes ago