taxes

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law.

Source: en.wikipedia.org

Law Firms Urge Brokers to Prepare for Illinois Crypto Tax

Law Firms Urge Brokers to Prepare for Illinois Crypto Tax
Law Firms Urge Brokers to Prepare for Illinois Crypto Tax
July 02, 2026  |  Cryptocurrency

With Illinois’ new tax on crypto set to become effective on Jan. 1, 2027, brokers with any Illinois exposure should prepare for registration now and...

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Trump Threatens 100% Tariffs if European Countries Tax US Tech Firms
Trump Threatens 100% Tariffs if European Countries Tax US Tech Firms
June 26, 2026  |  Business

President Donald Trump said Friday (June 26) that he will impose a 100% tariff on goods from any country that imposes a digital services tax...

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Fast Payments Push Governments to Rethink Tax Refunds
Fast Payments Push Governments to Rethink Tax Refunds
June 24, 2026  |  Disbursements

Watch more: Shari Freidenrich of Orange County Treasury Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Senate Bill Would Require AI Firms to Yield Half Ownership to Public
Senate Bill Would Require AI Firms to Yield Half Ownership to Public
June 18, 2026  |  Artificial Intelligence

Sen. Bernie Sanders (I-Vt.) has introduced a bill that would impose a one-time 50% tax on the stock of the biggest artificial intelligence (AI) companies and...

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Illinois Puts Crypto Transfers in the Tax Crosshairs
Illinois Puts Crypto Transfers in the Tax Crosshairs
June 17, 2026  |  Cryptocurrency

The governor of Illinois signed a law that will impose a 0.2% tax on customers’ use of digital asset services, including exchange, transfer or custody activities, according...

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US and Allies Guarantee Tax-Free Streaming and Software Downloads
US and Allies Guarantee Tax-Free Streaming and Software Downloads
May 07, 2026  |  Cross-border Payments

Nineteen countries, including the United States, have announced an agreement to not impose duties on cross-border electronic transmissions such as streaming music or films and...

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IRS Expands AI Use as Staffing Gaps Raise Risk
IRS Expands AI Use as Staffing Gaps Raise Risk
April 24, 2026  |  Artificial Intelligence

The tax deadline has passed. For the IRS, the work is just beginning. Get the Full Story Complete the form to unlock this article and...

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Can AI Do Your Taxes? We Found Out.
Can AI Do Your Taxes? We Found Out.
April 16, 2026  |  Artificial Intelligence

Ask an artificial intelligence (AI) chatbot a question and you get an answer. Ask Perplexity Computer, and it completes the task. Get the Full Story...

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