taxes

Updated at 10:10 a.m. ET

You will not find a citizenship question on the 2020 census forms.

Updated at 10:06 p.m. ET

The IRS has paid out more than $207 billion in coronavirus relief payments to individual taxpayers, as part of the $2 trillion package passed by Congress known as the CARES Act.

And among the recipients of those $1,200 payments are the bank accounts of dead individuals — a problem that could impact millions of American families.

The Internal Revenue Service is under huge pressure to quickly disburse the $1,200 payments promised to most people in the $2.2 trillion coronavirus relief bill. Experts say it could take months for everyone to get their checks — with some people possibly waiting until after they file their taxes next year.

Updated at 10:19 p.m. ET

President Trump said Monday that the White House is planning to ask Congress to pass a payroll tax cut and relief for hourly wage earners in order to assist workers who may be feeling the financial pinch amid the coronavirus outbreak.

Trump said that top administration officials will be meeting with Republican members of the House and Senate on Tuesday to discuss the possible payroll tax cuts and help for hourly workers.

Sen. Elizabeth Warren, D-Mass., has pledged to cancel up to $50,000 of debt for 95% of student loan borrowers if she is elected president. Sen. Bernie Sanders, I-Vt., has proposed an even more generous plan if he's elected.

No matter who does your taxes, once you sign on the dotted line, you are responsible for them. 

Ryan Thompson of the IRS said tax fraud is rampant this time of year. And there are ways to spot would-be crooks. 

President Trump is asking the U.S. Supreme Court to block New York prosecutors' subpoenas for his tax records, setting the stage for a legal showdown over the separation of powers and his personal finances.

The president's private lawyers are asking the high court to block New York County District Attorney Cyrus Vance Jr.'s efforts to get eight years of Trump's tax records. A New York grand jury issued a subpoena directed not to the president personally, but to an accounting firm that has long dealt with his personal finances, Mazars USA.

President Trump has lost another legal fight in his efforts to keep his tax returns private. The 2nd U.S. Circuit Court of Appeals ruled Monday that Trump's accounting firm must turn over the returns to Manhattan District Attorney Cyrus Vance Jr.

The president will appeal the ruling to the Supreme Court, said Jay Sekulow, one of Trump's outside attorneys.

Updated at 12:10 p.m. ET

U.S. employers added 128,000 jobs in October as the unemployment rate inched up to 3.6%.

Friday's report from the Labor Department suggests job growth remains resilient, despite the ongoing trade war and temporary setbacks such as the United Auto Workers strike at General Motors, which was settled a week ago.

Job gains for August and September were also revised upward by a combined 95,000.

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When you hear a big idea from a presidential candidate, do you ever want to ask: How would that work?

Two undecided voters John Zeitler, a 48-year-old attorney for an insurance company, and Hetal Jani, 36, who runs a nonprofit focused on education and mentorship, wanted to know more about the "freedom dividend" proposal from first-time presidential candidate Andrew Yang.

Douglas Hanks / MIAMI HERALD

Miami-Dade commissioners on Thursday briskly approved a $4.9 million subsidy package for a $224 million electric steel mill proposed by a partnership that includes a son of Mayor Carlos Gimenez, the largest award of its kind that the county has on record.

The proposal to rebate a portion of Esteel’s construction and equipment costs passed without discussion, including the two No votes from Esteban “Steve” Bovo and Daniella Levine Cava. Mayor Gimenez, who formally recused himself from decisions on son Julio Gimenez’s steel venture in 2017, was not present for the vote.

DANIEL VARELA DVARELA@MIAMIHERALD.COM

The pull of sunshine, designer living and lower taxes are attracting more home buyers to South Florida's high-end real estate market.

And Michael Goldstein, President of the Acqualina Brand, says the buyers are coming from one place in particular.

“Sixty-five percent of my buyers are coming from the northeast,” Goldstein says. "Most of the buyers that are coming in, they are not buying my small units, they are buying combination units, penthouses, single-family homes.”

Los Angeles' city attorney is suing tax-preparation software companies H&R Block and TurboTax-maker Intuit, alleging that they "defrauded the lowest earning 70 percent of American taxpayers" by impeding public access to an IRS program. The IRS Free File program is intended to help people who make less than $66,000 a year file their taxes free using commercial services.

Senate Cool To Tax Changes For Hospitals, Charter Schools

May 2, 2019

The Florida Senate could eliminate controversial proposals about charter schools and hospitals from a tax package that was approved last week by the House. 

Ryan Dailey / WFSU

Sen. Manny Diaz Jr., who represents Hialeah and is chairman of the Senate Education committee, says South Florida charter schools shouldn’t be excluded from money generated by voter-approved property tax hikes.

“Those referendum that say they’re going to be used for public school teachers should go to all public school teachers, not only union school teachers,” Diaz told WLRN Thursday.

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