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Under a settlement signed by the attorneys general of all 50 states, Intuit Inc. will suspend TurboTax's "free, free, free" ad campaign and pay restitution to nearly 4.4 million taxpayers.
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A spokeswoman for Manhattan District Attorney Alvin Bragg declined to comment, pointing to Bragg's statement from this month that "There is no magic at all to any previously reported dates."
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Budgets set out a president's priorities, and with his 2023 budget, President Biden says he cares about deficit reduction, defense spending, supporting police and cutting costs for families.
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NPR's Steve Inskeep speaks to Republican Sen. Rick Scott of Florida about his proposals concerning income taxes and federal laws that he wants to campaign on this fall.
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Diapers for kids, along with some children’s clothing, will be tax-exempt in Florida for one year starting this summer.
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Smaller budgets, fewer employees and increased duties have added up to taxpayer frustration this filing season. The IRS is establishing a "surge team" to put resources on the processing challenges.
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State economists reported Thursday that general-revenue tax collections in December were $610.9 million, or 19.3 percent, over a projection made in August. General revenue totaled $3.771 billion during the month, compared to the projection of about $3.16 billion.
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The IRS is "in the roughest shape it's been in in 50 years," says former commissioner Mark Everson. The agency, he says, is understaffed, has more work than it can handle and is underfunded.
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The provision is part of an order Biden signed to make the government more consumer friendly. It also makes it simpler for disaster survivors to apply for help. The order covers 17 federal agencies.
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Gov. Ron DeSantis' proposal would eliminate the state portion of gas taxes, saving motorists about 25 cents a gallon and $200 over 5-6 months.
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A report released Wednesday by the Legislature’s Office of Economic & Demographic Research said general-revenue tax collections in September were $442.2 million more than had been projected in an August forecast.
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Democrats say the tax on billionaire assets would help pay for President Biden's social spending bill.