Tax News

Tax Refund Loans Are Revamped and Resurrected

Prior versions were seen as predatory and eventually vanquished. The newer kind are more customer-friendly, but consumer watchdogs remain wary....
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Why Americans Care About Trump’s Tax Returns

Unless he makes disclosures, rumor and scandal will dog his presidency....
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A taxpayer-friendly way to do tax reform

National Taxpayer Advocate Nina Olson released her annual report to Congress on Tuesday. Among her recommendations, consolidates the more than 200 tax...
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How Paul Ryan and Donald Trump differ on tax reform

The House Speaker will meet with the president-elect's transition team to talk about tax reform. Here are some highlights from the House plan and how ...
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For Earned-Income Credit Filers, Refunds Will Be Later

A new law will affect lower-income people who claim one of two refundable tax credits, and who may be caught off guard by their refunds’ delay....
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Tax filing season officially begins on...

The IRS will open the 2017 filing season on January 23, 2017. And unless you file for an extension, your federal return will be due no later than Apri...
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An Antidote to Donald Trump’s Secrecy on Taxes

States could make disclosure of tax returns a requirement for getting on the ballot....
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Millennials don't think Trump will affect their wallets. But they should

Survey finds that Millennials don't think a Trump presidency will have any affect on their finances. Here's how it might....
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What Would It Take to Replace the Pay Working-Class Americans Have Lost?

Poor and working-class Americans have fallen behind the rest of the country. A tweak of the tax system could help them, but it wouldn’t be cheap....
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Team Trump’s New Pledge on Tax Cuts

The next Treasury secretary says taxes will not drop for the rich. He should be held to the vow....
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Republicans for Democracy, Please

When Trump takes office, there will be no more important check on his power than other Republicans....
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Trump’s Flip-Flop on Taxes

Trump and his advisers have shown a remarkable willingness to say whatever they think sounds best....
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Why the Trump Team’s Economic Promises Will Be Hard to Execute

The men chosen to lead the Treasury and Commerce Departments vow to cut taxes, increase growth and hold the line on deficits, testing the limits of ec...
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'No absolute tax cut' for the rich, says Trump's Treasury pick

Treasury Secretary nominee Steven Mnuchin describes a version of tax reform that differs from Donald Trump's at least in terms of how it would affect ...
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Indians Rush Frantically to Launder Their ‘Black Money’

Jewelers, high-end boutiques and other businesses are being inundated with buyers trying to purchase expensive items on backdated receipts....
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Tax cuts are coming, but maybe not as big as Trump promised

Donald Trump's tax plan calls for big tax cuts for all. What happens may be something less big, but still notable....
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Why Trump may never release his tax returns

U.S. presidents have a tradition of releasing their tax returns while in office. Will Trump do the same? Here's why he may not....
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People in these 4 cities will have their say on the 'soda tax'

Only two U.S. cities have passed a tax on sugar-sweetened beverages. Now three more cities in California and one in Colorado may do the same, in an ef...
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These two states will vote to hike taxes on the rich

Maine voters will consider a ballot initiative to raise its top tax rate to 10.15% from 7.15% on those making more than $200,000. California is lookin...
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