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
It’s quite the rap-ture sheet. Sherri Shepherd admitted she once skipped taxes, parking tickets and court dates because she was convinced the Rapture would whisk her to heaven — only to end up in jail for eight days. “I didn’t plan on being here today. I thought the Rapture was going to take me up … Read more
Colleges have become so expensive that even wealthy families are looking for ways to save on tuition. While this typically means trying to secure scholarships, another way of snagging lower tuition is becoming increasingly popular: buying property in the state your child will be attending college. All 50 states offer tuition discounts to in-state residents, … Read more
Donning designer can be financially taxing — especially in this uneasy economy. But Tiffany Radulescu stays fly (and on budget) by routinely flying from NYC to Paris, scoring couture from Prada, Hermès, Loewe and Christian Louboutin — without worrying about the Trump administration’s plans to slap hefty surcharges on foreign fashion. “I’d rather catch a flight than catch … Read more
Hawaii Gov. Josh Green, a Democrat, has signed into law a “Green Fee” bill that will raise tourist taxes to help fund “climate-change” mitigation. Senate Bill 1396 raises the tourist tax on Hawaii hotels to 11% starting Jan. 1 — which would then increase to 12% the following year, according to the text of the … Read more
Are “responsible tax refunds” on the rise? A new survey shows taxpayers are more likely to spend their refunds on rent, groceries and other necessities, rather than luxuries. The poll of 2,000 US taxpayers found nearly two in three (64%) have either already spent their tax refund money or are planning to soon. And all … Read more
Being a breadwinner in the Big Apple can really bite. The big ballers, shot callers and finance bros of NYC making $100,000 each year are, in reality, making peanuts, according to a new report on how far the six-figure salary actually stretches in major U.S. cities in 2025. And in Gotham, there isn’t much give. … Read more
They do what? Every culture has its way of doing things — and America is not any different. Sometimes it takes getting out of one’s bubble to realize that the “normal” things they’re used to doing or saying in their home country might be considered bizarre by outsiders. A recent Reddit thread asked Americans the … Read more
They’re not looking for love — they’re looking to file. According to a new survey, Gen Z is swiping on dating apps hoping to match with someone who can help them with their taxes. During peak tax season, a poll from the dating app Hily found that one in three young American singles are swiping for … Read more
Mexican officials may be rocking the boat with visitors by introducing a new tourist tax. A $42 immigration levy for every passenger on cruise ships that dock in Mexico was voted in by the country’s congress last week, The Associated Press reported. Stewart Chiron, a Miami-based cruise industry expert known as “The Cruise Guy,” told … Read more
LONDON (AP) — Former “Harry Potter” film actor Rupert Grint faces a 1.8 million-pound ($2.3 million) bill after he lost a legal battle with the tax authorities. Grint, who played Ron Weasley in the magical film franchise, was ordered to pay the money in 2019 after H.M. Revenue and Customs, the U.K. tax agency, investigated … Read more
New York has “99 Problems” — literally. The state government bought a one-third share of Jay Z’s Roc-A-Fella Records at an auction Thursday in hopes of recouping $8.7 million that the label’s embattled co-founder, Damon Dash, owes in back taxes. An anonymous Albany rep entered the winning $1 million bid at the federal auction in … Read more
And the winner of the election is…the Sun Belt. Americans are increasingly voting to fly south — and not just for the winter, either, according to new data obtained from the Census Bureau. What’s become a multi-year trend is here to stay, experts warn. New Yorkers continue to choose the Sun Belt as an alternative to … Read more
The tax man cometh. Annie Knight — who previously made headlines for sleeping with more than 300 people in a year — says she’s being “punished” for being a high-income earner after paying almost $400,000 ($600,000 AUD) in taxes over the past 12 months. The 26-year-old made more than a million Aussie dollars from her … Read more