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

Senate Bill Would Require AI Firms to Yield Half Ownership to Public

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. Behind the filing deadlines and refund cycles, the Internal Revenue Service (IRS)...

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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. The company’s new agent...

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OpenAI Calls for AI Taxes to Protect Safety Nets
OpenAI Calls for AI Taxes to Protect Safety Nets
April 10, 2026  |  Artificial Intelligence

When jobs are lost, paychecks follow. Disappearing paychecks mean disappearing payroll taxes that fund Social Security, Medicaid and SNAP. OpenAI warned that a chain reaction...

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Perplexity Launches AI Agent That Drafts Tax Returns
Perplexity Launches AI Agent That Drafts Tax Returns
April 06, 2026  |  Taxes

Every spring, millions of Americans sit down to do their taxes with a pile of forms, a browser full of tabs and a sense that...

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As Tax Deadline Approaches, Consumers Are Going to AI Before Filing
As Tax Deadline Approaches, Consumers Are Going to AI Before Filing
March 25, 2026  |  Taxes

As the April 15 tax filing deadline draws near, a notable behavioral shift is underway. Consumers who once turned to TurboTax or a CPA as...

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