Tax News

Philadelphia passes a soda tax

The City of Brotherly Love? Not for soda. The Philadelphia City Council gives final approval for a soda tax....
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Some Income the I.R.S. Doesn’t Need to Know About

A rare tax exemption applies to short-term rental income from your home, but mind the fine print....
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When someone else claims your tax refund

Victims of tax refund fraud may have to wait months to see their tax refunds....
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What Can’t Tech Money Buy?

Peter Thiel and other members of the Silicon Valley elite crusade for their own vision of justice....
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Will Congress compel Trump to release his tax returns?

One of the top Senate tax writers has introduced a bill that would require presidential nominees to publicly disclose their tax returns....
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Bill Is Proposed Requiring Presidential Candidates to Show Tax Returns

The measure, introduced by Senator Ron Wyden, a Democrat, is seen as a challenge to Donald J. Trump, who has declined to release his tax filings....
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Few Solutions in Texas School Finance Ruling

Supreme Court rejected arguments on Friday that the “Robin Hood” school funding system was unconstitutional....
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When the Billionaire Next Door Moves Out

State budgets that rely on multimillionaire taxpayers are vulnerable to sudden shortfalls....
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Donald Trump’s Evasions on Taxes

For years, Mr. Trump has promised and failed to release his returns to the public. The longer he delays, the more Americans wonder what he is hiding....
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Donald Trump Won’t Alter Tax Plan, Spokeswoman Says as Confusion Reigns

The comments were meant to clarify the matter after advisers and the candidate himself hinted that the plan might change to reduce its cost and make i...
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Hillary Clinton Mocks Donald Trump Over Not Releasing Tax Returns

Mrs. Clinton derided Mr. Trump as evasive and secretive after he said he would not release his tax returns before the November election....
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What We Can Learn From Donald Trump’s Unreleased Tax Returns

In an economic theory of disclosure, only those with the worst secrets choose not to reveal their returns....
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Nixon released his tax returns under audit. Why can't Trump?

Donald Trump has continued to use the fact that he's under audit as an excuse not to publicly release his tax returns. Turns out precedent is not on h...
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Donald Trump’s Plan to Raise Taxes on Rich: Just Kidding

The candidate backed away from remarks he made over the weekend that seemed to reverse his earlier stance....
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Sanders' tax hikes actually might not cost you, but...

While the Democratic candidate's spending proposals would effectively increase income for the average household, larger deficits could undercut that b...
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$458 billion in taxes go unpaid every year

Read full story for latest details....
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Donald Rumsfeld rants about tax code madness

Donald Rumsfeld sends a letter to the IRS every year pleading for tax simplification. He's still waiting for a response....
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What your 2015 income tax dollars paid for

Health and defense sucked up half of your federal income tax dollars, while less than two cents of every dollar you paid went to housing or to science...
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Use your tax refund to buy tax prep stocks?

The tax deadline is almost here! Turbo Tax owner Intuit is thriving while rivals H&R Block and Liberty Tax struggle....
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