Friday, July 30, 2021

Trump Tax Returns Must Be Transmitted To House Panel, DOJ Says : NPR

Rep. Richard Neal, D-Mass., chair of the House Ways and Means Committee, is lauding the new ruling from the Department of Justice. Win McNamee/Getty Images hide caption

The Justice Department has paved the way for a House panel to get former President Donald Trump's tax returns in what could be the beginning of the end of years of delay and court battles.

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Publisher: NPR.org
Date: 2021-07-30
Twitter: @NPR
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Twitter: @FinancialTimes
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Beer Taxes in Europe, 2021 | Beer Excise Tax Rates | Tax Foundation

This is the beginning of a map series in which we'll explore different types of excise tax es throughout Europe, starting with excise duties on beer.

According to EU law , every EU country is required to levy an excise duty on beer of at least €1.87 per 100 liters (26.4 gal) and degree of alcohol content, translating to approximately €0.03 per 330ml (11.2 oz) beer bottle at 5% abv.

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Publisher: Tax Foundation
Date: 2021-07-29T06:55:48-04:00
Twitter: @taxfoundation
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Bloomberg - Are you a robot?
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How Midland County ranks with taxes owed, refunded

The following is information about federal tax refunds and taxes owed in Midland County. Also included is how Midland County ranks within the state and nation.

SmartAsset has released an analysis on the places in Texas where people received the largest refunds in Texas. This study analyzed IRS data to determine how much money was refunded per taxpayer in each U.S. county.

Publisher: Midland Reporter-Telegram
Date: 2021-07-30 20:32:40
Author: Midland Reporter Telegram
Twitter: @mwtnews
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IRS issuing more refunds to workers who paid taxes on jobless benefits

It is the fourth round of refunds the IRS has made since the American Rescue Plan became law in March.

Normally, unemployment benefits are considered taxable income, but the relief package passed by Congress in March exempted up to $10,200 in benefits for taxpayers with a 2020 income of up to $150,000. For married couples filing jointly, $20,400 in benefits are exempted.

Publisher: The Columbus Dispatch
Author: Mark Williams
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Can't Pay Your Taxes Yet? Here's How to Request an Extension | GOBankingRates

Tax season has come and gone, but many are still struggling with a tax debt they might not know how to deal with .

See: Need Help Paying For Your Taxes?

This is similar to the payment plans the IRS offers for tax bills. But with the payment plans, you have to start making payments right away. Extensions, on the other hand, are designed for those who cannot pay any amount of their tax debt and need to delay the payment process altogether.

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Publisher: GOBankingRates
Date: 2021-07-30T14:36:17Z
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TABLE-Russia sets grain export taxes for Aug 4-10 | Successful Farming

MOSCOW, July 30 (Reuters) - Russia has set out its grain export taxes for Aug 4-10, the agriculture ministry said on Friday.

Publisher: Successful Farming
Date: 2021-07-30T05:42:01-05:00
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The rich don't 'pay their fair share' in taxes? That's wrong.

As sure as the sun will rise in the east, we will hear American politicians calling for the rich to pay "their fair share." But it seems those who make that call go out of their way to avoid the evidence that sits right in front of them.

Each year, the Congressional Budget Office publishes a report in which it details how much federal tax various income groups pay.

Publisher: The Desert Sun
Author: Antony Davies and James R Harrigan
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