The Supreme Court has been instrumental in pushing back President Biden’s agenda. Decisions from the highest court in the land have rolled back major liberal initiatives, including gun control and abortion.

This has sparked calls from Democrats to pack the court with more justices, to erase the current conservative majority.

A new case has reached the court that directly touches on another Biden move. And how the court rules could affect the wealth of numerous Americans.

The IRS penalty for underpayment of estimated taxes is up sharply this year, with self-employed and freelance workers at the biggest risk of getting hit.

The penalty, calculated quarterly based on the Federal Reserve's benchmark rate, hit 8 percent on October 1, up from just 3 percent in early 2021, when Fed rates were near zero.

The penalty rate applies to shortfalls in estimated taxes, which self-employed workers pay the IRS quarterly based on their earnings for the period.

Impeachment investigators “need answers” on President Joe Biden‘s tax returns, according to a top House Republican.

In an interview that aired on Sunday, Ways and Means Chairman Jason Smith (R-MO) explained to Fox News anchor Maria Bartiromo how his panel’s “tax focus” is part of the impeachment inquiry against Biden.