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Rep. Elijah Cummings said Thursday night that California Republican Rep. Darrell Issa called him and apologized for refusing to let Cummings speak during an IRS hearing.
More Americans are preparing their own tax returns and filing electronically so far this season, according to data out Thursday from the Internal Revenue Service.
A plan to cut both Oklahoma's corporate and individual income tax rates has cleared the Oklahoma House over the objections of Democrats who contend the resulting loss of revenue will decimate critical state services like education, public safety and health care.
Fifty years ago last week, on Feb. 26, 1964, President Lyndon B. Johnson signed into law the sweeping tax cuts that had been championed by his predecessor, John F. Kennedy.
The National Association of Municipalities in the Republic of Bulgaria has demanded that 2-3% of the personal income tax be redirected to local authorities.
The Minnesota House Education Policy Committee is considering eliminating the difficult college-level skills test in reading, writing and math.
The revised legislation put forth by Republican Sen. Will Kraus stems from negotiations with Democratic Gov. Jay Nixon.
The budget President Obama unveiled Tuesday would raise more than $1 trillion over 10 years through changes in the tax code by closing loopholes, raising some taxes and cracking down on enforcement.
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The three network morning shows combined gave less than two minutes of air time to President Obama's proposed 2015 budget on Tuesday, though they all managed to highlight how the plan "will cut taxes for thirteen and a half million working Americans" [ Listen to the audio or watch the video after the jump ].
A House committee is recalling a former Internal Revenue Service official who refused to answer questions about the agency's tea party controversy at a hearing last spring.
Republicans are dismissing President Barack Obama's new $3.9 trillion budget as nothing more than a Democratic manifesto for this fall's congressional campaigns, but the fiscal plan is taking hits from another quarter too - anti-deficit groups.
Gay rights advocates said they're deeply concerned about a split in state policy from a new federal approach to taxes recognizing same-sex marriage that the Indiana Senate approved 41-6 on Tuesday.
Bipartisan legislation designed to ensure that local governments' budgets would not be harmed when manufacturers and small businesses get a tax cut won easy approval Tuesday in the state Senate, five months before a statewide vote on the tax overhaul.
President Barack Obama today proposed a $3.9-trillion budget that includes some investments which could be important to Michigan, such as extending unemployment insurance and reauthorizing highway spending, but also proposes cuts to military aircraft, Great Lakes restoration efforts and community block grants.
We are about 5 weeks away from the tax deadline and the IRS says so far the average refund so far is about $3,211.