In a Soviet Style enforcement, 360,000 Americans will not be allowed to leave the country. The tax levy can be in dispute, it can even be in litigation or negotiation, however, the person in question cannot leave the country. Here are the new details
A common sentiment among proponents of government and centralized authority is that "taxes are the price we pay to live in a civilized society." In reality, however, the state's hunger for tax revenue and control directly undermines well-intent
Who wins from taxing Internet commerce? Big government and crony capitalists.
Chris Agee for the Western Journal reports, The Trump administration is promising Americans a less complicated tax season next year thanks to the Tax Cuts and Jobs Act signed into law late last year.
WASHINGTON (AP) -- States will be able to force more people to pay sales tax when they make online purchases under a Supreme Court decision Thursday that will leave shoppers with lighter wallets but is a big financial win for states.
A federal fund to help U.S. coal miners disabled by black lung disease will require a multibillion-dollar taxpayer bailout if Congress does not extend or increase the tax on coal production that funds it, according to a government report on Monday.
Taxation and regulation are weapons, and governments often use these weapons to target things that they do not like.
The Finnish government has revealed the number of taxpayers who owe taxes from bitcoin-related income.
President Donald Trump was able to work with Congress to pass landmark tax cuts during his first year in office. While Trump has heralded this as a tremendous achievement, his detractors have claimed the cuts were paltry and will only help the rich.
Times have been hard for Wall Street banks lately, what with record amounts of cash pouring in and causing all kinds of bookkeeping headaches.
In the U.S. tax season has arrived and many American cryptocurrency proponents are squirming because they have to pay for some of the gains they made last year. However, there are a lot of digital currency holders who could care less about taxes and
The Government Dilemma: How To Tax Something One Pretends Does Not Exist
As the April 17 deadline for filing income tax returns and paying federal income taxes approaches, it is important that we all remind ourselves of an important point: Income taxation and the Internal Revenue Service are irreconcilable with the princi
A growing number of governments can't resists the temptation to get their hands on some of the bitcoins their citizens are making.
A Reddit user who was "surprised" to learn he owed the IRS roughly $50,000 from his crypto-trading profits - money that he had not set aside when he cashed out his bitcoins at the height of the boom - complained in a viral post that crypto trading "r
The Australian Taxation Office (ATO) has been researching how to formulate regulatory guidelines for taxing cryptocurrencies recently. This week the ATO is seeking input from Australian residents concerning how the country should tax digital assets.
Did you sell Bitcoin to diversify into Altcoins? If the answer is yes, please pay attention: You may be royally screwed.
While some governments around the world, both local and national, are taking steps to try and limit the spread of the use of cryptocurrencies, many others are trying to ensure their citizens are free to adopt the revolutionary technology. The latest
The UK-based Tax Justice Network's new Financial Secrecy Index estimates that the ultra-wealthy are hiding up to $32 trillion in tax havens around the world, and while Switzerland gets the top spot on the new list, the U.S. is a not-so-distant seco
President Trump is proposing a 25 cent gas tax to pay for his infrastructure plan. I have a better idea. According to a Politico source, Trump Endorsed 25-Cent Gas Tax Hike in White House Confab.
By the end of the 3rd century AD, the finances of ancient Rome were in terminal crisis.
Despite recent corrections in crypto markets, you might have some big gains in Bitcoin and other cryptocurrencies.
The news triggers a backlash from anti-tax conservatives.