"To just take that revenue would be a tax increase," said Missouri Sen. Andrew Koenig, echoing the reasoning of many tax-adverse Republicans leery of simply spending or saving the expected influx.
By David A. Lieb, Associated Press
On this Tax Day, while many Americans rush to file their income tax returns, the Supreme Court heard arguments in a case on state sales taxes and online shopping. Marcia Coyle of the National Law Journal joins Judy Woodruff to…
The IRS has since updated the website to say it is temporarily unavailable. But the agency adds, "Note that your tax payment is due although IRS Direct Pay may not be available."…
By Sarah Skidmore Sell, Associated Press
President Donald Trump spoke from the White House today. Watch the president's remarks here.
By Joshua Barajas
By Emily Bazar, Kaiser Health News
The Obamacare penalty won’t go away until 2019, and that means you still will owe Uncle Sam if you didn’t have health insurance – or an exemption from the mandate – in 2017.
By Vikram Mansharamani
With the start of the new year, here are 18 predictions of what big trends and events over the next five years.
By PBS NewsHour
The IRS faces a time crunch to implement changes under the new tax law. Nina Olson, the national taxpayer advocate at the IRS, joins Lisa Desjardins to describe how the agency is getting up to speed and the resources available…
By PBS NewsHour
Only days after President Trump signed the new tax bill into law, homeowners are already scrambling to take advantage of current deductions and prepay their 2018 property taxes before the new rules take effect. Brenda Flanagan of New Jersey Public…
By Bill Barrow, Associated Press
A Democratic congressional candidate outside Philadelphia calls the Republican tax overhaul a "cynical bill" that will redistribute wealth upward.
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