Oct 04 How taxing sugary drinks affects a community's health and economy By Gretchen Frazee Studies show a "sin tax" reduces consumption of sugary drinks but also increases shopping in suburbs that lie outside the taxable area. Continue reading
Aug 24 Trump administration acts to stop high-tax states from skirting $10,000 cap By Marcy Gordon, Geoff Mulvihill, Associated Press Four states — Connecticut, Maryland, New Jersey and New York — already have sued the federal government over the deduction cap, asserting it's aimed at hurting a group of Democratic states and tramples on their constitutional budget-making authority. Continue reading
Jun 29 Republicans propose using online sales tax money for new tax cuts By David A. Lieb, Associated Press "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. Continue reading
Apr 17 Watch 5:05 Can states require online sales tax? Billions at stake in case at Supreme Court 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… Continue watching
Apr 17 IRS payment site fails on tax day, but you still have to pay By Sarah Skidmore Sell, Associated Press 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."… Continue reading
Apr 12 WATCH: Trump speaks about tax cuts By Joshua Barajas President Donald Trump spoke from the White House today. Watch the president's remarks here. Continue reading
Feb 28 Analysis: Is the Obamacare tax penalty really dead? 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. Continue reading
Jan 05 18 predictions for 2018 and beyond 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. Continue reading
Jan 03 Watch 6:29 Know your rights and other tips for filing your taxes this year By PBS News Hour 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… Continue watching
Dec 27 Watch 7:21 Should you pay your property tax before the GOP bill kicks in? By PBS News Hour 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… Continue watching