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IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes.
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Adidas' German headquarters raided in connection with tax investigation
Adidas’ German headquarters was raided as authorities investigate a yearslong tax concern.
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Four big things the winners of Congress will have to tackle in 2025
Whichever party wins control of the House and Senate must decide how to handle a slew of consequential policy matters.
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San Diego County property taxes are due today
Taxpayers can view and pay secured tax bills online at sdttc.com.
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There's still time to reduce your 2024 tax bill with these strategies
There’s still time to lower your taxes or boost your refund for 2024, financial experts say. Here are some strategies to consider before year-end.
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How new tax changes for 2025 could affect federal tax liabilities for families
The IRS has announced new changes affecting the earned income tax credit, child tax credit, adoption credit and annual gift tax exclusion for 2025.
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IRS announces new federal income tax brackets for 2025
The IRS has announced higher federal income tax brackets and standard deductions for 2025. Here’s what taxpayers need to know.
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Explaining the child tax credit with the ‘Give me my money' TikTok challenge
Will the IRS “give you your money!?” Watch this explainer to see if you will qualify for the federal child tax credit.
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Treasury proposes rule to prevent large corporations from evading income taxes
The Biden administration has proposed a new rule that would require the largest U.S. companies to pay at least 15% of their profits in taxes.
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The IRS has a method of ‘last resort' to collect overdue taxes: Revoking your passport
The State Department can deny a passport application or revoke an active passport if the IRS certifies a tax debt as “seriously delinquent.”
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Coca-Cola to pay $6 billion in IRS back taxes case while appealing judge's decision
Coca-Cola Co. says it will pay $6 billion in back taxes and interest to the Internal Revenue Service while it appeals a federal tax court decision in a case dating back 17 years.
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San Diego voters to decide on 1-cent sales tax increase in November
The San Diego City Council Monday unanimously approved a ballot measure which, if approved, would increase sales tax in the city by 1% intended for broad infrastructure and city services funding.
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IRS collects milestone $1 billion in back taxes from high-wealth cheats
The milestone is meant to showcase how the agency is making use of the money it received as part of the Biden administration’s Inflation Reduction Act. It comes as Republicans threatened cuts to the IRS.
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IRS has taken nearly 2 years to help tax identity theft victims get their refunds
Tax identity theft victims are waiting nearly two years for resolution and refunds from the IRS. But the agency is working on improvements.
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IRS unveils plan to end another major tax loophole for the wealthy and raise $50 billion in the process
The Internal Revenue Service plans to end another major tax loophole that could raise more than $50 billion in revenue over the next decade.
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Monday is the last day to file your taxes after San Diego County's extended deadline
Monday is the deadline to file and pay taxes after an extension due to San Diego County’s severe weather in January.
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Oceanside landlord says property taxes rose 600% after parents' deaths due to Prop 19
One Oceanside property owner says that California’s Proposition 19 means he may have to soon start charging his low-income residents more to rent or sell his properties.
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San Diego landlord speaks out about Proposition 19
A San Diego landlord is concerned that some of his low-income tenants could soon end up on the street. That’s because the family-owned rental property was recently passed down to a new over when his parents died. NBC 7’s Kelvin Henry explains what comes next.
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These tax strategies can be a ‘silver lining' after a prolonged job layoff, advisor says
You could leverage tax planning strategies after unemployment if your income is lower in 2024, experts say. Here’s what to know.
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Two city of San Diego tax measures one step closer to ballot
The San Diego City Council is proposing a sales-tax increase and a stormwater tax that could bring in an estimated $350 million annually, reports NBC 7’s Joey Safchik.