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federal-taxes

2 stories related to this topic, newest first.

Trump Proposes 90-Day Suspension of Federal Gasoline and Diesel Taxesnaturalnews.com
politics2 hrs agoFraming65Framing risk65/100Rewrite inherits consensus framing that centers political reaction and industry opposition over the substance of the tax-suspension proposal itself.Click to jump to full framing analysis

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…

The New York Times
Politico
Just the News
ABC News
4 sources
IRS Outlines Penalties and Interest for Unpaid Federal Taxes After April 15 DeadlineSubstrate placeholder — needs review
business32 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…

Benzinga
1 source