Biden calls for unity at inauguration but tax, energy, economic predict this outcome

Real estate developer Jeff Greene comments on outlook for and market reaction to new president’s economic policy. President Joe Biden’s inaugural address on Wednesday began by asserting his election was…

IRS may have let $57M in ‘erroneous’ tax breaks slip through: watchdog

Nuveen chief equity strategist Bob Doll provides insight into how the markets and investors will react to Joe Biden’s presidency, the coronavirus vaccine rollout and more stimulus. The Internal Revenue…

NY Gov. Cuomo proposes highest tax rates in US without $15B in federal aid

Business Council of New York State CEO Heather Briccetti discusses New York employers facing a tax hike, which adds more burden amid the coronavirus pandemic. New York Gov. Andrew Cuomo…

Plan to cancel up to $50,000 in student loan debt could come with tax bomb

If you have student loans, you may be faced with a big tax bill at the end of the year if the Biden administration adopts Schumer’s call for $50,000 in…

Trump’s farewell speech has warning on Biden tax hikes

President Trump discusses taxes under his administration in his farewell address to the nation. President Trump issued one last warning during his final hours as commander in chief. “I hope…

NY marijuana tax could light up black market: Cannabis industry official

New York Governor Andrew Cuomo laid out a plan to legalize marijuana for adult recreational use in 2021 in order to spur economic activity, but the CEO of the National…

Top US banks’ tax bill could surge $11B under Biden administration

RealClearPolitics co-founder Tom Bevan discusses the future of the filibuster, President-elect Biden working with the Senate and President Trump’s impeachment trial. Top American banks could see their tax bill rise…

Americans should avoid filing paper tax returns amid backlog, IRS says

The IRS stopped processing paper returns at the end of March to comply with coronavirus-related social distancing and stay-at-home guidelines; Rich Edson reports. The IRS urged Americans to file their…

Biden eyes child tax credit expansion among stimulus measures: Report

President-elect Joe Biden wants to guarantee universal paid sick days and expand paid family leave, which may be costly to tax payers. FOX Business’ Edward Lawrence with more. Vice President-Elect…

IRS has yet to process millions of individual, business tax returns from last filing season

Americans for Tax Reform president Grover Norquist discusses President-elect Joe Biden’s tax agenda with a Democrat-controlled Congress. The notoriously underfunded and understaffed IRS is sitting on an unprocessed backlog of…