Tax News

Trump Must Turn Over Tax Returns to D.A., Judge Rules

A federal judge rejected the president’s argument that a subpoena seeking eight years of his tax returns was “wildly overbroad.”...
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Behavioral Contagion Could Spread the Benefits of a Carbon Tax

It’s not too late to fight climate change with a long-overdue policy that would have surprisingly broad impact, an economist says....
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Advisers Consider Whether Trump Can Cut Taxes Without Congress

Trump’s lawyers and economic advisers have studied how far they could stretch executive authority to set tax policy, though the legality of any cuts...
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D.A. Is Investigating Trump and His Company Over Fraud, Filing Suggests

The office of the district attorney, Cyrus R. Vance Jr., made the disclosure in a new court filing arguing Mr. Trump’s accountants should turn over ...
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Why a Biden Presidency Could Be Bullish for Stocks

Despite the stock market’s “knee-jerk” distaste for the prospect of a Democratic victory, stocks could prosper if Joe Biden wins, a new analysis...
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Derek Chauvin Charged With Multiple Tax-Related Felonies in Minnesota

Mr. Chauvin, who was previously charged with second-degree murder in the killing of George Floyd, and his wife were charged with filing fraudulent tax...
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Spend More on Society and Get More for Yourself

The coronavirus crisis demonstrates a basic truth. American individualism has made individuals unhappy and, too frequently, sick. There is another way...
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Trump Raises New Objections to Subpoena Seeking His Tax Returns

The effort came less than a week after the U.S. Supreme Court cleared the way for the Manhattan district attorney to demand the records....
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The Wealthy Can't Stop Not Paying Their Taxes

Budget cuts have left the I.R.S. unable to chase down wealthy tax evaders....
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Americans Must Know if Their President Is a Crook

The public’s interest in access to Donald Trump’s or any president’s tax filings depends on strong reform legislation from Congress....
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Enjoy your tax cuts while they last

The GOP tax plan will give many households tax cuts in the first several years. But those cuts will expire and a key provision will raise many people'...
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New tax code will still be complicated despite GOP promise to simplify

Republicans said their plan would make taxes easy to prepare, and indeed the final bill gets points for some simplification. But the whole story, like...
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GOP tax bill: Here's what people are saying

The vast majority of statements from business, advocacy and trade groups have major concerns with the 1,000-page bill....
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Tax bill and your tuition: Here's what to expect

GOP leaders have agreed to save the student loan interest deduction and keep tuition waivers for graduate students tax-free....
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Attention, teachers: You can keep your deduction for classroom supplies

Currently, teachers can deduct up to $250 for classroom materials from their taxable income. That won't change....
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How tax reform could hinder innovation in the U.S.

By failing to repeal the alternative minimum tax in their tax reform bill, Senate Republicans inadvertently undermined the research and development ta...
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How the GOP tax bills hurt undocumented immigrants

Read full story for latest details....
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13 ways the tax bills would affect people: Senate and House differ on key points

You'll be hearing a lot in coming days about the differences between the Senate and House tax bills. Here's your guide....
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