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
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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Gig Work Is Making Tax Refunds Harder to Get
Gig Work Is Making Tax Refunds Harder to Get
March 25, 2026  |  Taxes

As the 2026 tax season unfolds, a sobering reality has emerged for the nearly 70% of Americans living paycheck to paycheck. While many U.S. consumers...

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