Tax
IRS deadline nears for $1.5 billion in tax refunds
Taxpayers across the U.S. have until July 17 to submit a claim for a refund for 2019 or risk losing any overpaid taxes.
Small city defeats McDonald's over plastic packaging
The tax was introduced to reduce single-use plastics and takeout trash in a small German city in 2022, and the fast-food giant tried in vain to reverse it.
"I'm dying": Mom with brain cancer reveals how she's preparing her children
A young mom who was recently diagnosed with terminal cancer shares how she told her kids and how she's preparing them for the future without her.
Gen Z is more likely to give away some inheritance to help others
More than half of Generation Z polled said that they would support an increased inheritance tax to bring about greater societal equality.
Millions eligible to receive stimulus checks this month in these states
Some states are offering payments to residents to help them stay afloat as inflation stays high.
Fact Check: Have U.S. taxpayers sent over $200B to Ukraine?
Former Fox News host Tucker Carlson was among many conservative voices who have quoted the figure.
Americans getting $20 billion less in tax refunds
Economist Joann Weiner told Newsweek that "lots of stimulus benefits and tax credits went away" over the last year, resulting in reduced refund amounts.
Joe Biden to raise taxes for nearly 2.5 million Americans
The Biden administration is expected to unveil a plan to increase taxes for high earners to avoid a looming funding crisis for Medicare.
Woman baffled after finding strange note from IRS with grandpa's letter
Some Reddit users thought the note could be related to "a scammer opening mail looking for cash," the woman said.
Donald Trump questions whether not paying taxes is "really criminal?"
Allen Weisselberg, the former chief financial officer of the Trump Organization, was recently jailed over his role in a 15-year-long tax fraud scheme.
Have Joe Biden's tax returns disappeared? What we know, what we don't
Fox News's Tucker Carlson noted the president's campaign website no longer includes his 2016 to 2018 financial documents.
Trump Organization fined $1.6 million for tax fraud
The former president's family business was previously found guilty of 17 financial crimes following a trial in New York.
Illinois' new laws coming into effect for 2023
Newsweek has put together a list of some of the most notable new laws that will take effect in the state on January 1.
Trump's Tax Shenanigans Show Need for Real Reforms
Let's clean up the individual tax code, using Donald Trump's tax flouting to guide us toward bipartisan fixes.
Will Allen Weisselberg turn on Donald Trump?
The Trump Organization's longtime chief financial officer will spend time in jail after he "fell on the sword" for the former president.
Could Herschel Walker be disqualified from Georgia runoff over 'tax fraud?'
Herschel Walker has been accused of claiming a "principal residence" tax break in Texas, whilst running in Georgia.
Herschel Walker committed 'election fraud' with Texas residence: analysts
Walker has been accused of "election fraud" after registering a Texas property as his "principle residence," whilst seeking election in Georgia.
Newsom spends $1.6M to stop wealth tax that would pay for electric cars
The California governor argued the measure would solely benefit rideshare company Lyft if passed.
How windfall tax on energy producers could backfire on Biden
One expert said a windfall tax could deter new investment in domestic oil production and impact the U.S. relationship with the world oil market.
DOJ risks "overwhelming meddling" if Hunter Biden charged before midterms
"Such charges would be an overwhelming meddling in the political process and violate DOJ protocols," a former federal prosecutor told Newsweek.
Logan Paul slammed for accusing Bad Bunny of "tax fraud" in Puerto Rico
Paul claimed on "The Philip DeFranco Show" that Bad Bunny and his manager are exploiting Puerto Rico tax laws.
King Charles Should Pay Inheritance Tax Say 63 Percent of Brits
"There needs to be a root-and-branch review of royal funding and they need to be brought into line with the same rules everyone else has to abide by," said the CEO of an anti-monarchy campaign group.
New York Times Accused of Bashing Britain Over Queen Funeral Cost Query
New York Times staff members were called "clowns" by Piers Morgan as a report on the cost of Queen Elizabeth II's funeral inflamed the British right.
People Divided Over King Charles III Not Having To Pay Any Estate Tax
While some called the plans an "absolute disgrace" others dismissed such complaints and suggested there is "no appetite for a Republic."
Fact Check: Republicans Say 87% of American Adults Don't Have Student Loans
Student loans are a hot topic again after President Joe Biden's debt relief announcement. Just how many Americans still have college debt?
Why Did Trump Plead The Fifth Amendment?—What We Do Know, What We Don't
Trump reportedly pleaded the Fifth more than 440 times in New York—but was it the best move? Newsweek Fact Check investigates.
Warner Bros. 'Cut Its Losses' by Axing $90 Million 'Batgirl' Movie: Lawyer
"In the end, 'Batgirl' was the canary in the coal mine for the new post-COVID era of major film studios," one expert told Newsweek.
Donald Trump and Ivana's Burial 'Tax Break'—What We Do Know, What We Don't
Donald Trump's critics accused him of burying his ex-wife at his golf course to enjoy the tax breaks, but the story is not that simple.
'I'm Alive': IRS Denies Woman Tax Refund Because They Say She's Dead
"I'm alive, in living color," said New Jersey resident Jeanette Carpenter.
Illinois To Waive Tax on Gas and Groceries in Bid To Lower Bills
The temporary initiatives are set to begin on July 1, with the grocery relief due to last for a year and the gas relief to remain in place for six months.