Today we turn our attention to tax cuts. What are we hearing out of Washington? We don’t have the final details of the tax cuts the Republican Congress and the White House are pursuing. On Thursday, the House and Senate passed budget legislation by a very thin margin – the vote was 216 to […]
Aries it’s not cute having your 7-year-old do your taxes because she’s good in math! Gemini if your wife tells you that she’s pregnant and needs a DNA test from your cousin, it might not be a great day for ya! Listen above for more! Don’t Miss Out! Follow The Russ Parr Show on Twitter and Instagram Keep Up […]
WASHINGTON (AP) — Promising big tax cuts and a booming economy, President Donald Trump and congressional Republicans unveiled the first major revamp of the nation’s tax code in a generation Wednesday — a sweeping, nearly $6 trillion tax cut that would deeply reduce levies for corporations, simplify everyone’s brackets and nearly double the standard deduction […]
WASHINGTON (AP) — Poised to reveal a tax plan that is a pillar of his economic policy, President Donald Trump is promising “the largest tax cut in the history of our country.” Trump’s declarations came as the health care legislation brought forward by Republicans teetered near failure. He said his “primary focus” is the tax […]
Why do we need to talk about taxes right now? I know that taxes are a favorite topic to avoid, but as the saying goes, nothing is certain but death and taxes. Because of that, it is better to be knowledgeable about the subject. Last week, a Wall Street Journal article highlighting a rise in […]
NEW YORK (AP) — Rapper DMX has been arrested in New York on federal tax fraud charges. Prosecutors say the rapper, whose given name is Earl Simmons, owes $1.7 million in taxes and has engaged in a multi-year scheme to conceal millions of dollars of income from the Internal Revenue Service. Prosecutors say Simmons raked […]
LAS VEGAS (AP) — The IRS says it’s still waiting for its cut from Floyd Mayweather Jr. from his nine-figure payday against Manny Pacquiao. The undefeated boxer nicknamed “Money” owes $22.2 million in taxes from 2015, according to a notice of a federal tax lien filed by the IRS. The notice shows the balance unpaid […]
What tips do you have for those of us who have procrastinated on our taxes? This is becoming a tradition. Today, we are 15 days away from the filing deadline, because this year it is April 18. For those of you who are last minute filers out there, that gives you an extra weekend to […]
WASHINGTON (AP) — The White House said Tuesday that President Donald Trump made more than $150 million in income in 2005 and paid $38 million in income taxes that year. The acknowledgement came shortly before MSNBC host Rachel Maddow reported on two pages of Trump’s 2005 tax forms on her Tuesday night show. The […]
Is it already time to think about taxes again? It really is. Time flies, and not just when we are having fun. Today marks the first day that you can file your taxes for 2016, so I think it is a good day to review the changes that listeners can expect this year. Some changes are […]
According to reports, Rick Ross owes about $5.7 million in back taxes from 2012 to 2014.
DENVER (AP) — The leak of some of Donald Trump’s tax returns highlights enormous disparities in the tax code between high-income businesses and individuals and everyone else that may have allowed the Republican presidential nominee to avoid paying federal income taxes for nearly 20 years. Trump claimed more than $900 million in losses in 1995, […]
