Unemployment benefits are a lifeline for people who abruptly lose their jobs. As of May 2024, the national unemployment rate hovers at 3.9%, according to the Bureau of Labor Statistics. In other words, 6.5 million Americans could…
The Canada Revenue Agency is disputing a claim by Toronto Maple Leafs captain John Tavares that the USD $15.25 million the team paid him in 2018 was a signing bonus, saying that that the amount was effectively a form of salary and should…
The House of Representatives Committee on Tertiary Education Trust Fund (TETFund), has raised issues with Commercial Banks in Nigeria over alleged under remittance of Education Tax revenue. The committee has therefore …
MOSCOW (AP) — Russia’s wealthy elite could face higher income taxes. That’s according to a proposal from the country’s finance ministry on Tuesday. The proposal involves a progressive tax on personal incomes, a change of course from the…
A budget agreement that will nearly triple the tax on some sports bets in Illinois roiled shares of the major sports books operating in the state, sending shares of DraftKings down as much as 14% during trading Tuesday, while competitor…
…Calls for Transparency and Reconciliation ABUJA – The House of Representatives Committee on Tertiary Education Trust Fund (TETFund) has called upon Commercial Banks to address concerns regarding alleged under-remittance of Education Tax …
In fiscal year 2023, the U.S. government collected about $4.7 trillion in total revenue, with roughly half ($2.35 trillion) derived from the much-maligned personal income tax. We don’t have a detailed breakout yet, but the Tax Foundation…