Apr 16 Why Tax Day is April 18 this year, and how early spring became tax season By Thomas Godwin, The Converastion The tax deadline has been pushed back to April 18 this year, giving those leaving it to the last minute a few extra days. Usually, the day falls on April 15. But why is Tax Day in April anyway? Well,… Continue reading
Mar 09 Watch 5:25 News Wrap: Russia launches large-scale attack across Ukraine In our news wrap Thursday, Russia launched its biggest barrage in a month across Ukraine, Senate Majority Leader Mitch McConnell was hospitalized in Washington after a fall, the Senate confirmed President Biden's pick to lead the IRS, the FBI is… Continue watching
Aug 11 Watch 7:24 Examining the tax provisions in the Democrats’ budget bill By Lisa Desjardins As the House prepares to cast the final vote Friday on the Democrats’ sweeping climate and health care bill, we take a look at how the legislation also impacts tax policy. Michael Graetz, a professor of tax law at Columbia… Continue watching
Aug 10 Watch 6:21 How the Inflation Reduction Act could affect your taxes By Lisa Desjardins, Courtney Norris There’s a $1 trillion gap between what Americans owe in taxes and what the government collects. The Democrats’ budget deal would unleash nearly 100,000 new IRS agents to round up all that missing money. Former IRS Commissioner John Koskinen joins… Continue watching
Jul 07 Watch 5:18 News Wrap: American WNBA star Brittney Griner pleads guilty to drug possession in Russia In our news wrap Thursday, American WNBA star Brittney Griner pleaded guilty in a Russian court to drug possession, Ukraine raised its national flag on Snake Island, Derek Chauvin was sentenced to 21 years in prison on federal charges, U.S. Continue watching
Apr 17 Why Tax Day laggards should consider filing for an extension By Fatima Hussein, Associated Press Monday is Tax Day — the federal deadline for individual tax filing and payments — and the IRS will receive tens of millions of last-minute filings electronically and through paper forms. Continue reading
Mar 18 WATCH: IRS commissioner testifies before House about 2021 filing season By News Desk and Associated Press Internal Revenue Service Commissioner Charles Rettig will testify Thursday before the House Ways and Means Committee about the 2021 tax filing season. Continue reading
Mar 17 IRS will delay tax filing due date until May 17 The Internal Revenue Service is delaying the traditional tax filing deadline from April 15 until May 17, according to the House Ways and Means Committee. The IRS and Treasury Department didn’t immediately comment Wednesday or provide further details. But the… Continue reading
Oct 07 WATCH: IRS chief says agency reaching out on pandemic relief payments By Marcy Gordon, Associated Press A congressional watchdog found that millions could miss the payments of up to $1,200 per individual because of incomplete government records. Continue reading
Sep 28 Watch 11:35 What NYT report tells us about Trump’s taxes — and what it doesn’t After years of secrecy, President Trump's finances are examined in a New York Times investigative report. What does it tell us about his business practices and income taxes? David Cay Johnston, an investigative journalist and author who has long followed… Continue watching