Tax News

More Than One Way to Fix Social Security

Readers respond to two guest essays about how to cover the shortfall in the program’s funding before it’s too late....
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Things That Drive Us Crazy About Money in America

For all that’s good about our financial lives, there are distinctly American things that are decidedly suboptimal. Please, can the 1040 fit on a pos...
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How a Global Researcher Lives on $110,000 in Long Island City

Before moving to New York, Weixun Hu had lived in seven other countries. He satisfies his wanderlust by splurging on special trips and taking the subw...
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California Will Vote on a Billionaire Tax. Billionaires Aren’t Happy.

The wealthy are fighting back with two ballot issues that could nullify the measure in November. The battle reflects a broader tension as American pol...
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King Charles III Has Paid More Than $39.6 Million in Taxes, Palace Discloses in a U.K. First

Charles released his tax information for the period he has been king of Britain as part of a push for greater transparency after the scandal involving...
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Here’s What It Means to Be a Democratic Socialist

Universal health care, taxing the wealthy and opposition to military aid to Israel are among the movement’s key tenets....
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Unlikely Coalition Begins Campaign Against Billionaire Tax in California

A surprising array of left-leaning interest groups is trying to kill a wealth tax initiative before the November ballot is finalized. Gov. Gavin Newso...
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Why The New York Times Is Expanding in Texas

Members of a new team of Times reporters and editors are covering culture, economics and more in a state long known for its political clout....
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Trump Keeps Immunity from I.R.S. Audits, Even as $1.8 Billion Fund Falls Away

Even as they rebelled against a $1.8 billion fund for President Trump’s allies, Republicans looked the other way as his administration granted him p...
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How the Oprah Tax Code Swept America

Here’s how to make taxes work....
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Enjoy your tax cuts while they last

The GOP tax plan will give many households tax cuts in the first several years. But those cuts will expire and a key provision will raise many people'...
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New tax code will still be complicated despite GOP promise to simplify

Republicans said their plan would make taxes easy to prepare, and indeed the final bill gets points for some simplification. But the whole story, like...
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GOP tax bill: Here's what people are saying

The vast majority of statements from business, advocacy and trade groups have major concerns with the 1,000-page bill....
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Tax bill and your tuition: Here's what to expect

GOP leaders have agreed to save the student loan interest deduction and keep tuition waivers for graduate students tax-free....
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Attention, teachers: You can keep your deduction for classroom supplies

Currently, teachers can deduct up to $250 for classroom materials from their taxable income. That won't change....
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How tax reform could hinder innovation in the U.S.

By failing to repeal the alternative minimum tax in their tax reform bill, Senate Republicans inadvertently undermined the research and development ta...
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How the GOP tax bills hurt undocumented immigrants

Read full story for latest details....
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13 ways the tax bills would affect people: Senate and House differ on key points

You'll be hearing a lot in coming days about the differences between the Senate and House tax bills. Here's your guide....
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