Apr 25 Your tax refund probably wasn’t much different than last year’s. Here’s why. By Gretchen Frazee Americans received on average about $2,725 from their federal tax refund this year--a $55 drop from last year. Continue reading
Apr 24 How will my tax return affect my Medicare premium? By Philip Moeller Medicare’s high-income surcharges apply to an entire calendar year, writes columnist Philip Moeller. Continue reading
Apr 11 Watch 6:06 The financial, political and psychological implications of tax reform The deadline for filing your taxes is right around the corner, on Monday, April 15. This is the first year that fully incorporates major updates to the tax code signed into law by President Trump in 2017. Amid the changes,… Continue watching
Apr 11 Trump’s sister retires from the bench, negating judicial ethics complaints By Larry Neumeister, Maryclaire Dale, Associated Press Maryanne Trump Barry's retirement as a federal appellate judge in Philadelphia ends a civil misconduct inquiry launched after a report that she participated in Trump family schemes to dodge taxes. Continue reading
Apr 11 Sen. Warren proposes new tax on corporate profits By Elana Schor, Associated Press The 7% tax on corporate profits above $100 million is the latest in a series of ambitious policy proposals from the Massachusetts senator who is running for president. Continue reading
Apr 01 Unhappy with your refund under the new tax law? Here’s what to do By Gretchen Frazee The 2017 tax overhaul that took effect this year could change millions of Americans' refunds. Continue reading
Mar 20 3 new tax rules homeowners need to know By Rianka Dorsainvil How homeowners file their taxes this year could be affected by a number of new changes, including the cap on mortgage interest deductions. Continue reading
Feb 19 Watch 8:17 How poverty and inequality are motivating Democrats on tax policy Numerous Democrats have already announced or hinted at their candidacy in the 2020 presidential election. For many of them, tax policy, and specifically, increasing how much the very wealthy pay, is a platform priority. Lisa Desjardins reports on their proposals… Continue watching
Feb 19 Why 2020 Democratic candidates are pushing more progressive tax proposals By Gretchen Frazee In the wake of the Trump tax cuts, Democratic candidates are introducing some of the most progressive tax plans in decades. 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