Government Finance

Sen. Kyrsten Sinema has signaled her opposition to closing a controversial tax loophole that enables carried curiosity to be taxed as capital features as an alternative of earnings, in line with a number of…

Rampant inflation is helping reduce the weight of the world’s public debt relative to its economic output, a boon for governments that economists warn could easily backfire if inflation stays unchecked.Some highly indebted European…

Today’s home buyers could be in for a shock when the tax man comes calling. In 2021, around $328 billion in property taxes were imposed on single-family homes across the country, according to a new report from…

Investors breathed a sigh of relief last week after the Russian government made a $117 million interest payment on its foreign debt. But a much bigger payment comes due April 4 — to the tune of $2.2 billion — and…

Even though the Internal Revenue Service is auditing fewer taxpayers these days, you still don’t want to put a target on your back.Among those more likely to get audited: Small-business owners with lots of cash; landlords who…