Apr 05 Trump attorney says IRS cannot legally release tax returns By Associated Press William Consovoy, President Donald Trump's attorney, says the tax code zealously guards taxpayer privacy. He says that requests for tax returns "must have a legitimate legislative purpose."… Continue reading
Feb 19 I owe how much? Americans shocked by impact of new tax law By Sarah Skidmore Sell, Associated Press The first tax filing season under the new federal tax law is proving to be surprising, confusing — and occasionally frightening — for some Americans, especially those accustomed to getting money back from the government. Continue reading
Feb 14 Average tax refunds fall, fueling discontent with GOP-written law By Marcy Gordon, Associated Press The decline may be largely due to how some employees and employers had adjusted the amounts withheld from paychecks to account for changes under the new tax law. Most taxpayers received a tax cut under the law but some may… Continue reading
Feb 12 IRS watchdog says shutdown caused 'shocking' drop in phone help By Marcy Gordon, Associated Press Disruptions from last month's partial government shutdown caused a "shocking" deterioration in the IRS' telephone help for taxpayers in the first week of the filing season, the agency's watchdog said in a report released Tuesday. Continue reading
Jan 08 Government shutdown won't delay tax refunds, administration says By Marcy Gordon, Jill Colvin, Associated Press Taxpayers who are owed refunds will be paid on time, despite the government shutdown that has closed many federal agencies, a Trump administration official said Monday as concern mounted over the risk that the payments could be delayed. Continue reading
Dec 04 Attorneys general of D.C., Maryland to subpoena Trump Organization, IRS By Tami Abdollah, Associated Press The attorneys general of the District of Columbia and Maryland plan to file subpoenas Tuesday seeking records from the Trump Organization, the Internal Revenue Service and dozens of other entities as part of a lawsuit accusing Donald Trump of profiting… Continue reading
Apr 17 Watch 7:07 News Wrap: Southwest Airlines engine explosion kills passenger In the news wrap Tuesday, an engine exploded on a Southwest airlines flight, en route from New York City to Dallas. It sent metal fragments into a window and killed a woman. Also, the IRS website for online payments broke… Continue watching
Apr 12 After tax season, beleaguered IRS must deal with overhaul By Marcy Gordon, Associated Press The IRS, pummeled for years by congressional Republicans and funding cuts, faces the challenge of administering the most sweeping overhaul of the U.S. tax code in three decades. But first the beleaguered agency had to get through the current tax-filing… Continue reading
Dec 13 Everything you want to know about Medicare's rules on health savings accounts By Philip Moeller The rise of high-deductible employer health plans has created one of the most unpleasant surprises for older employees: anyone on Medicare is no longer allowed to make tax-free contributions to a health savings account (HSA). Continue reading
Nov 09 Watch 6:52 Outgoing IRS chief 'deeply concerned' about cuts to already strained agency By PBS News Hour IRS Commissioner John Koskinen has been a lightning rod for Republican lawmakers who have called for his impeachment and criticized the agency he’s been running since 2013. As one of the last Obama administration holdovers, he’ll complete his term this… Continue watching