Tax News

What Real Tax Reform Could Be

Republicans just want deep cuts for corporations and the wealthy. Real change would make taxation more fair and diverse....
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Bill de Blasio Will Push for Tax on Wealthy to Fix Subway

The mayor will announce a proposal for a tax on New York City residents who earn more than $500,000 to raise money for subway and bus improvements....
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Moving Past Health Care, White House Looks to Tax Reform

The Trump administration and Republicans in Congress cannot afford another political failure. And outside groups are working to remind them of that....
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Cristiano Ronaldo Tells Spanish Judge He ‘Never Tried to Avoid Taxes’

Ronaldo, accused in June of tax fraud amounting to more than $17 million, made his statement in a closed courtroom in Madrid....
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How tax reform could change your 401(k) tax break

Several people in the retirement savings industry fear that lawmakers will choose to "Rothify" some or all of employees' 401(k) contributions....
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How Low Can Taxes Go? Outside Washington, Republicans Find Limits

Republicans in several states have agreed to raise taxes recently, testing a fundamental economic principle for the right. But is Washington listening...
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Should You Take Advantage of a Deferred Compensation Plan?

For high earners who qualify to set aside money for a future payout, there are pluses and minuses. No two situations are the same....
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The False Premise Behind G.O.P. Tax Cuts

Republicans base an incessant call for tax cuts on the notion that the poor receive lavish benefits....
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Big Oil wants to tax itself and give cash to Americans

Big Oil is proposing a revolutionary new tax to combat climate change that would pay money directly to American families....
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Has the Democratic Party Gotten Too Rich for Its Own Good?

In the past, Democrats could support progressive policies knowing that the costs would fall largely on Republicans. Not anymore....
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Trump’s Giant Loophole

Republicans say their pass-through tax cut will help small businesses. But the big winners are the 1 percent....
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U.K.’s Labour Party Pledges Broad Tax Increases to Pay for New Benefits

The party’s election manifesto, its most left-wing in three decades, would be financed with higher taxes on corporations and on people making over $...
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TRUMP Act would put Trump's NYS tax returns online

New York legislation would reveal Trump's state tax returns....
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Today is tax day. Here's what you need to know

Tax returns are due today -- April 18, 2017 -- as is any remaining money you owe to Uncle Sam for 2016....
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5 last-minute tax tips you need to know now

As you come down to the wire, make sure you follow these simple rules....
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Your taxes are not due on April 15. Here's why

You have until Tuesday, April 18 to file your federal taxes this year. That's because April 15 falls on a weekend, and Monday, April 17 happens to be ...
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What worries small businesses about tax reform

A new survey shows the No. 1 concern of small businesses about tax reform is that lawmakers will reduce their tax breaks without actually lowering the...
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Tax reform decoded: What you need to know

Discussions about overhauling the tax code will be peppered with tax and legislative jargon. Here are some key terms decoded....
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Indian police arrest alleged ringleader of IRS scam

Indian police have arrested Sagar Thakkar, who they say was at the heart of a bogus IRS call center scam....
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4 things the IRS doesn't want you to know

Read full story for latest details....
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