Before the 2020 presidential election, The New York Times released a bombshell report on Donald Trump's tax records claiming that he paid no federal income taxes in 11 of the past 18 years..
On May 25, the Internal Revenue Service revised its frequently asked questions (FAQ) page for the 2021 Earned Income Tax Credit (EITC) to inform taxpayers of changes to how they can claim the credit.
What does it mean to be "rich?" It sounds like a simple question, but it's not so easy if you are trying to put a real number on it. Is a "rich" person someone who has $1 million? $2 million? $10.