With summer in full swing, gas prices are shifting into high gear. States across the country are increasing their gas tax right as the Fourth of July weekend approaches — happy birthday, America. The time comes as pump prices are still 40% higher than in February. And the state with the highest gas tax in … Read more
Attorneys for comedian Carlos Mencia are demanding his immediate release from jail, blasting what they describe as an “absurd show of force” after the comic was arrested in a sweeping tax fraud case unveiled by prosecutors as the debut bust for a new Los Angeles business crime unit. The emergency motion, filed in the Van … Read more
California Democrats agreed this week to tax-related proposals that could raise health insurance premiums and slap a new tax on software downloads — as critics blast the deal for piling on costs at the worst possible time. California lawmakers inked a $356 billion state budget late Monday that will be negotiated and finalized with Gov. … Read more
Think all clothing sizes are priced equally? Fat chance. The bigger the person, the bigger the price tag. It’s the crushing reality that shoppers of a certain size claim to face, per trending allegations that Target imposes “fat tax” surcharges on plus-size clothing. “I brought a size [Large] and a 3x [Extra Large] to the … Read more
San Diego’s crippling tax on vacation homeowners has spectacularly backfires as it emerges it is losing around $10 million per year. Hundreds of short-term rental property owners are simply not paying the Transient Occupancy Tax (TOT). The tax, which ranges from 8% to 13.75% and impacts platforms like Airbnb and VRBO, applies to stays of … Read more
One of Europe’s most crowded tourist cities is cracking down on cruises and their passengers, with the mayor of the city pushing to fast-track a tax hike on short-stay passengers. Barcelona mayor Jaume Collboni on Wednesday said he wants cruise passengers to pay up to $9.30 (8 euros) per night, a 100% increase from the current … Read more
According to a new study, tax refunds are continuing to increase year-on-year — but half said they’ve had to spend it all on necessities just to get by. The poll of 2,000 U.S. taxpayers who have received their tax refund this year found the average person got $2,825 back, a healthy increase from $2,300 from … Read more
Need a tax break? Today, April 15, is Tax Day, and after all that time and energy spent filing taxes, you might want to treat yourself. Luckily, there are plenty of food deals and freebies available to get your hands on. File your taxes then head to one of these restaurants for extra savings this … Read more
A change at the U.S. Postal Service could ultimately push up your deadline to file taxes. Taxes are due April 15, but if you’re filing by mail, the necessary deadline could actually be as early as April 9, thanks to a little-known switch at the USPS, tax experts warn. In January, the mail service said … Read more
Tax Day is quickly approaching, and with just one week left to file, it’s important to keep a close eye on common mistakes that taxpayers make. Filling out tax returns can be confusing, and there are some easy ways that people can slip up when filing themselves, according to Lisa Greene-Lewis, TurboTax expert and CPA, … Read more
They’re getting a poor return on their precious time investment. A mere typo in a tax document has threatened the refunds of more than 50,000 taxpayers in New York, leading to some receiving smaller payouts than anticipated, while others were sent notices asking for additional payments. The error has since been corrected, officials said, but … Read more
As Californians suffer from highest-in-the-nation gas prices, GOP gubernatorial candidate Steve Hilton has one easy fix — follow Australia. Australia on Monday announced it will slash the fuel excise tax in half from April to June, which would save drivers nearly 13 dollars on a 17-gallon tank of fuel, reported Al-Jazeera. Now it’s on to … Read more
Some pet owners might be able to snag a $1,000 “dog credit” this tax season to help pay for food and other necessities for four-legged friends. As Americans are gearing up to submit their tax returns by Tax Day on April 15, pet parents may be wondering if they can get a break by claiming … Read more
Anyone planning to travel to Chicago is in for a shock. Chicago’s City Council unanimously voted to create a Tourism Improvement District and raise hotel the hotel tax on rooms within that district to 19% — the highest in the nation, the Chicago Sun-Times reported. For comparison, Los Angeles hotel taxes are 14%, and the … Read more
Swizz Beatz is back to being a tax deadbeat. Alicia Keys’ Grammy-winning, record-producer husband is facing more than $5.7 million in unpaid tax debt dating back to 2022, The Post has learned. Beatz, 47, was most recently slapped with a $1,242,984 lien by the Internal Revenue Service in January for unpaid income taxes in 2024, … Read more
It’s a taxing time for sweethearts in China. After a 30-year exemption, the country is slapping a 13% sales tax on condoms, birth control pills and devices, hoping to boost its declining birth rates and offset the long-term impact of an aging population and declining workforce. And with contraception more expensive under the new law, which takes … Read more
[nyp_video player=”SPdDOYds” platform=”jw-player” playlist=”W5xXwQyA” playlisttype=”dynamic” placement=”true” jwpropertyid=”XDErnc08″ /] Searching for smart ways to use your leftover FSA or HSA funds? You’ve probably heard the terms FSA-eligible or HSA-eligible, but you may not know exactly how these accounts work, who they’re designed to benefit or how to use them creatively to check items off your or … Read more
London is weighing whether to implement a new tourist tax targeting overnight guests. Mayor Sadiq Khan is reportedly looking into charging overnight visitors a tax on stays at hotels and short-term rentals. “The mayor has been clear [about considering] a modest tourist levy, similar to other international cities,” a spokesperson for the mayor of London told the … Read more
Tori Spelling and Dean McDermott’s divorce exposed more than $1.7 million in debt for the former reality TV couple. Spelling and McDermott owe more than $1.7 million in unpaid federal and state taxes, according to the final judgment filed in the ex-couple’s divorce. About $1.2 million is owed by the former couple to the IRS, the … Read more
By age 29, you deserve a literal tax break — a new survey has found that the average American lets professionals prepare their taxes before they hit their thirties. The poll of 2,000 U.S. taxpayers found that at a certain stage of life, more than a third (37%) are happy to just let professionals handle … Read more