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All posts tagged "Internalrevenueservice"

Controversy grows over House Speaker Mike Johnson’s plan to add IRS cuts to Israel aid package

Controversy grows over House Speaker Mike Johnson’s plan to add IRS cuts to Israel aid package

WASHINGTON — The Senate and the White House pushed back hard on Tuesday against new Republican House Speaker Mike Johnson’s plan to fund only aid for Israel — and include unrelated cuts to the Internal Revenue Service. Both Democrats and Republicans in the upper chamber said they would move ahead with a supplemental aid plan that would include billions in much-needed aid for embattled Ukraine alongside assistance for the Jewish state as it battles Hamas. “Make no mistake, we need to address all of these priorities as part of one package — because the reality is these issues are all connected, ......
Mayor Adams releases 2021 tax forms, which appear to contradict NYC financial disclosure

Mayor Adams releases 2021 tax forms, which appear to contradict NYC financial disclosure

NEW YORK — Mayor Eric Adams’ most recent tax forms, which he released to the press Thursday night, appear to contradict financial disclosures he made to the city’s Conflicts of Interest Board for the 2021 calendar year. Adams earned $231,977 in taxable income in 2021. According to his 2021 federal income tax return to the Internal Revenue Service, he overpaid $338 on his federal tax returns, an amount he requested a $245 refund for. He also appears to have received a refund of $1,118 on state and city taxes, his state return shows. Aside from those relatively modest windfalls, the mayor’s late......