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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

CNN Top News

The liquor makers' troubles are collateral damage from Trump's trade war

Sat, Jun 12, 2021

Dozens of cases of whiskey sit on the ground floor of the James E. Pepper Distillery in Lexington, Kentucky, ready to be shipped -- but, because President Joe Biden hasn't moved to end trade disputes started under former President Donald Trump, none of it will be going to thirsty customers overseas. ...

Analysis: How Joe Manchin speaks for a lot of Americans

Sun, Jun 13, 2021

West Virginia Sen. Joe Manchin is increasingly drawing the ire of progressive Democrats. With the slimmest of majorities in the Senate, Democrats need every vote and Manchin's unwillingness to bend on issues such as filibuster reform is getting in the way of the party's legislative priorities. ...

Former Deputy AG Rosenstein has said he was not aware of subpoena for lawmakers' data, source says

Sun, Jun 13, 2021

Ex-top Trump Justice Department official Rod Rosenstein has told people in recent days he was not aware of a subpoena that targeted the data of Democratic members of Congress while he was deputy attorney general, a source familiar with Rosenstein told CNN on Saturday. ...

Opinion: The man who resisted Trump is worth listening to

Sat, Jun 12, 2021

Think about this: The president of the United States demands that you tell the acting attorney general to get rid of a special prosecutor. Not just any special prosecutor, but the one investigating the campaign that got the president elected in the first place. How would you feel? ...

Watergate journalist: Trump's actions go further than Nixon's

Sat, Jun 12, 2021

Legendary Watergate journalist Carl Bernstein explains the differences between former Presidents Donald Trump and Richard Nixon following reports the Department of Justice under Trump demanded data on 73 phone numbers and 36 email addresses related to lawmakers. ...

Analysis: Trump is doing more lying about the election than talking about any other subject

Sat, Jun 12, 2021

Since his presidency ended, Donald Trump has issued more statements lying about the 2020 election than statements talking about any other subject. ...

A suspect has been arrested in connection with 3 shootings in less than 24 hours in Georgia and Alabama

Sun, Jun 13, 2021

• One arrest made in Austin, Texas, mass shooting that injured 14 people ...

Biden causes sighs of relief among world leaders

Sat, Jun 12, 2021

• Live updates: G7 leaders will agree to cut off support for dirty coal by end of the year • Opinion: The perilous journeys of Joe Biden and Kamala Harris ...

Analysis: Washington Republicans have just one move

Sun, Jun 13, 2021

The Republican answer is no. ...

Fact check: Breaking down Mitch McConnell's spin on the John Lewis voting rights bill

Sun, Jun 13, 2021

Senate Minority Leader Mitch McConnell was asked Tuesday where he stands on the John Lewis Voting Rights Advancement Act, a Democratic bill that aims to prevent states from implementing racially discriminatory voting laws. ...

Taxpayer Advocate Service Feed

TAS Tax Tips: The IRS begins adjusting tax returns for unemployment compensation exclusion

Wed, Jun 09, 2021

The post TAS Tax Tips: The IRS begins adjusting tax returns for unemployment compensation exclusion appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Why Do I Owe a Penalty and Interest and What Can I Do About It?

Mon, Jun 07, 2021

The post TAS Tax Tips: Why Do I Owe a Penalty and Interest and What Can I Do About It? appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: How do I find my refund information?

Tue, Jun 01, 2021

The post TAS Tax Tips: How do I find my refund information? appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Economic Impact Payments for 2021 are being issued

Mon, May 24, 2021

The post TAS Tax Tips: Economic Impact Payments for 2021 are being issued appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: IRS updates Allowable Living Expense standards for 2021

Wed, May 19, 2021

The post TAS Tax Tips: IRS updates Allowable Living Expense standards for 2021 appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Need options for when you owe federal taxes, but can’t pay in full?

Tue, May 18, 2021

The post TAS Tax Tips: Need options for when you owe federal taxes, but can’t pay in full? appeared first on Taxpayer Advocate Service. ...

NTA Blog: Lifecycle of a Tax Return

Tue, May 18, 2021

The post NTA Blog: Lifecycle of a Tax Return appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: Taxpayers with an excess advance Premium Tax Credit are not required to report or repay in 2020

Thu, May 13, 2021

The post TAS Tax Tips: Taxpayers with an excess advance Premium Tax Credit are not required to report or repay in 2020 appeared first on Taxpayer Advocate Service. ...

NTA Blog: Claims for Refunds: 2019 and 2020 Tax Year Trap for the Unwary

Tue, May 11, 2021

The post NTA Blog: Claims for Refunds: 2019 and 2020 Tax Year Trap for the Unwary appeared first on Taxpayer Advocate Service. ...

TAS Tax Tips: File by May 17; here are some options

Mon, May 10, 2021

The post TAS Tax Tips: File by May 17; here are some options appeared first on Taxpayer Advocate Service. ...