Tax News

Marco Rubio's tax plan would cost at least $6.8 trillion

GOP presidential candidate Marco Rubio wants some radical changes to the tax code. But the numbers don't add up, according to a new analysis....
Read More >

Bernie Sanders’s Tax Plan Would Test an Economic Hypothesis

Combined taxes on the highest earners would reach or pass the point at which higher rates mean less revenue — which could mean tax receipts disappoi...
Read More >

Record number of Americans dump U.S. passports

Read full story for latest details....
Read More >

Despite Pledges, Tax Reform Remains an Elusive Goal

The idea of a fundamental overhaul faces an uncertain future regardless of who controls the White House and Congress in 2017....
Read More >

Tax Scams Are Targeting Uninsured, I.R.S. Warns

In some cases, the agency said, unscrupulous tax preparers tell clients to pay the penalties for not having health insurance directly to them, and the...
Read More >

Last Call to Enroll for 2016 Insurance Under the Affordable Care Act

Consumers have until midnight on Sunday to sign up for 2016 health insurance coverage on HealthCare.gov....
Read More >

Is the 'tampon tax' unfair to women?

It's become politically popular to say women are 'taxed for getting their periods.' But the arguments ignore the fact that state sales tax laws typica...
Read More >

Sanders Makes a Rare Pitch: More Taxes for More Government

Exploring the details of how Bernie Sanders’s single-payer health plan would be paid for....
Read More >

Mississippi Republicans Face Hard Tax Cut Choices

The vote to unseat Blaine Eaton II, a Democrat, and replace him with his Republican rival, Mark Tullos, is likely to exacerbate a tension that defines...
Read More >

IRS audits lowest in more than a decade

Read full story for latest details....
Read More >

Free Help for Tax Returns

The I.R.S., AARP and others offer free aid in preparing and filing returns, but some programs have income restrictions and other exceptions....
Read More >

For Now, Bernie Sanders’s Health Plan Is More of a Tax Plan

A single-payer program is short on the complex details of how it would work in real life, except for how it would be funded....
Read More >

How taxes would be much higher under President Bernie Sanders

Bernie Sanders has pulled back the curtain on how he would pay for his $1.4 trillion a year Medicare for All proposal. In short: higher taxes....
Read More >

Wealth Inequality Rising Fast, Oxfam Says, Faulting Tax Havens

Just 62 people own as much wealth as the 3.5 billion people in the bottom half of the world’s income scale, Oxfam reported. Five years ago, it took ...
Read More >

Small, Private Insurers Face Increasing Scrutiny on Avoided Taxes

Both Congress and the I.R.S. have taken steps to prevent affluent business owners from setting up insurance companies as a way to sidestep taxes, not ...
Read More >

How much do you pay in taxes?

Some presidential candidates claim the rich pay a lower rate than many middle-class workers or that the poor pay nothing. But on average neither is tr...
Read More >

How Hillary Clinton wants to make rich pay their 'fair share'

The Democratic presidential candidate has laid out several proposals to ensure that the very highest-income households pay a bigger percentage of thei...
Read More >

IRS customer service could soon get a lot worse

National Taxpayer Advocate Nina Olson signals that the IRS' future plans may include a big reduction in telephone and face-to-face service in favor of...
Read More >

Donald Trump's big tax cuts come at a big cost

Elements of Donald Trump's tax plan could be very positive economically, according to a new analysis. And everyone -- especially the rich -- would get...
Read More >