Tax News

Gains From Economic Recovery Still Limited to Top One Percent

In 2013, the concentration of income among the richest Americans remains at levels last seen nearly a century ago....
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IRS warns of shady tax preparers stealing refunds

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ID thieves stealing tax refunds still a big problem, IRS says

Identity thieves are stealing people's Social Security numbers and other key pieces of personal information in order to file a fraudulent tax return a...
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IRS warns of phishing tax scams, fake emails

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Fake IRS phone calls tops list of tax scams

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London mayor bends to IRS, settles U.S. tax dispute

After steadfastly refusing to pay an "absolutely outrageous" tax bill demanded by American authorities, the mayor of London is back in the good graces...
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Walmart to Offer Cash Pickup for Tax Refunds

The service could help people without bank accounts receive their refunds more quickly and avoid high check-cashing fees....
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How Obama would close the 'trust fund loophole'

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How much Obama would raise the capital gains rate

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Obama’s Tax Proposal Is Really About Shaping the Democratic Party After Obama

The plan stands little chance of passage, but it signals a different phase of the nation’s debates over how the government taxes and spends....
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Pressed by Budget Squeeze, Gov. Sam Brownback of Kansas Pulls Back on Tax Cuts

The governor of Kansas, a supporter of shrinking government, on Friday proposed some higher sales taxes and slowing his plan to reduce state income ta...
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IRS warns of tax refund delays

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IRS will do fewer tax audits this year

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States where taxes hit the poor hardest

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'Devastating erosion' of taxpayer services at IRS

Congressional budget cuts have resulted in an "unacceptably low level" of taxpayer service, according to the latest report from National Taxpayer Advo...
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Nearly 8 out of 10 U.S. taxpayers get refunds

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Study Finds Local Taxes Hit Lower Wage Earners Harder

An analysis by the Institute on Taxation and Economic Policy ranked states by tax burden and concluded that the poorest have the biggest burden in loc...
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A Democratic plan for big middle class tax breaks

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