Apr 14 Compare your pay after averaged taxes to other developed nations By Elizabeth Shell, Frank Bi Use our interactive to get an idea of how income and social safety-type taxes are factored into your paycheck, and how you’d fare if the U.S. had a wage tax structure similar to other developed nations. Continue reading
Apr 13 As cuts and new duties strain IRS, chance of audit relatively low By Associated Press As millions of Americans race to meet Tuesday's tax deadline, their chances of getting audited are lower than they have been in years. Continue reading
Apr 08 Senate Finance Committee holds hearing on tax return preparer regulations By Sam Weber More than 40 million taxpayers use tax preparers who do not have to meet any standard of competency in order to prepare taxes. Continue reading
Apr 05 Organization offers free tax help By PBS News Hour The Volunteer Income Tax Assistance Program is a nationwide organization of tax preparers available to help low-income taxpayers. Last year alone, VITA helped prepare almost one and a half million individual tax returns completely free of charge. Continue reading
Apr 05 Watch Is your tax preparer actually prepared? By PBS News Hour Each year about 42 million tax returns are prepared by tax professionals who are unaccredited and unregulated by the IRS. After a plan to regulate them was struck down by a federal court last year, there's more regulation on hairdressers… Continue watching
Mar 25 How do marketplace health care plans differ from others? By Michelle Andrews, Kaiser Health News The open enrollment period ends March 31, and people continue to have many questions about how the health law and the exchanges work. Continue reading
Mar 24 FAQ: What are the penalties for not getting health insurance? By Michelle Andrews, Kaiser Health News If you're uninsured, now's the time to buy a plan. March 31 is the end of the annual open enrollment period when people who don’t have coverage through their employers can sign up on or off their state’s marketplace. With… Continue reading
Mar 04 Watch Does the president's budget present solutions for closing the economic gap? By PBS News Hour President Obama’s 2015 budget proposal includes new spending for preschool, job training and public works and would expand the Earned Income Tax Credit for low-wage workers. Judy Woodruff talks to Robert Greenstein from the Center on Budget and Policy Priorities… Continue watching
Feb 17 Why abolishing the corporate income tax is good for American workers By Laurence Kotlikoff Ending the corporate income tax may be the best way to make corporations, and not American workers, bear the tax burden that comes with corporate profits, argues Larry Kotlikoff. Continue reading