Topic
federal taxes
2 stories related to this topic, newest first.
naturalnews.compolitics45 days ago
Trump Proposes 90-Day Suspension of Federal Gasoline and Diesel Taxes
President Donald Trump on Monday endorsed a temporary suspension of the federal gasoline tax amid rising fuel costs tied to the war with Iran. Sen. Josh Hawley introduced legislation for a 90-day pause that would affect the 18.4-cent-per-gallon gasoline levy and 24.4-cent diesel…
Substrate placeholder — needs reviewbusiness77 days ago
IRS Outlines Penalties and Interest for Unpaid Federal Taxes After April 15 Deadline
The IRS states that taxpayers unable to pay their federal tax bill by April 15 will not face immediate enforcement actions, but penalties and interest will begin accruing immediately. The failure-to-pay penalty starts at 0.5% of the unpaid amount per month and can reach 25% of th…