Budget Battles
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Senate Tees Up Another Doomed Vote on Border Bill
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The 2025 Spending Fight Has Officially Begun — and It’s Going to Be Big
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Supreme Court Slaps Down Challenge to Consumer Watchdog
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Inflation Eases in April, Lifting Hopes for a Soft Landing
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Biden Jacks Up Tariffs on $18 Billion in Chinese Imports
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Trump Promises New Tax Cuts for Everyone
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Biden White House Lays Out Plan for Coming Tax Showdown
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How Wall Street ‘Innovations’ Cost Taxpayers Millions
By Marc JoffeWhat do the City of Chicago and Jefferson County, Alabama, have in common with Riverside, California, and a school district north of San Diego? These local governments have lost millions of dollars...
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Where’s Your Tax Refund? Here’s How to Check
If you haven’t received your return, check out the Where’s My Refund tool, which will give you the status of your refund within 24 hours of receiving an e-filed return or four weeks after receiving a...
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Why You Could Be Scammed by Fake Tax Collectors More than Ever This Year
By Eric PianinSince the fall of 2013, more than 10,300 Americans have been victimized by a telephone scam in which the caller presents himself as an IRS or Treasury Department employee and demands immediate...
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Why You Might Not Get Your Tax Refund on Time This Year
By Rob GarverEvery year, millions of Americans anxiously await the annual infusion of cash from the Internal Revenue Service when it pays back excess withholding from the previous year. However, according to the...
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Four Reasons Trump’s Promise of Tax Reform Is Fading Fast
By Liz PeekInvestors beware: there are four reasons (at least) why tax reform may not happen this year. 1) Democrats have been told it’s “us vs. them” and to obstruct any and all Republican initiatives. 2)...
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The Worst States for Property Taxes – and the Best
Americans collectively paid $277.7 billion in property taxes on single-family homes last year.
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Here’s How to Get Your Taxes Done for Free
Just over half of Americans get professional help when filing their taxes, the IRS says. That can be a smart move, especially if your taxes are complicated or you’re not confident in your ability to...
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GOP Health Care Plan Would Cost the States Billions in Lost Medicaid Funds
By Rob GarverThe fiscal impact of the Republican plan to repeal the Affordable Care Act may not be clear at the federal level until the Congressional Budget Office completes its review of the proposed legislation...
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The IRS Just Invited More Tax Cheating by the Public
By Eric PianinNew data from the beleaguered Internal Revenue Service shows that the agency audited barely more than one million individual tax returns in 2016, the lowest number since 2004, according to an...
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Why the IRS Is Catching Fewer Tax Cheats
By Janna HerronLast June, nine Florida residents were sentenced to prison after being convicted of stealing almost $2.7 million from the federal government by claiming $11.1 million in false tax refunds. The...
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6 Red Flags That Might Get You Audited by the IRS
Like getting attacked by a shark or being in a plane crash, being the subject of an IRS audit is one of those unlikely events that people tend to spend a lot of time worrying about. For the vast...
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Why New Jersey Is the Worst State for Taxes -- and Wyoming Is the Best
By Janna HerronIt’s hard to avoid paying taxes, but there are usually ways to reduce what you owe. Just ask any company considering a relocation to a different state. Employers favor states with more lenient tax...
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8 Changes Coming to Your Taxes in 2017
By Janna HerronThanks to inflation, the Internal Revenue Agency is adjusting more than 50 tax provisions, including increasing the standard deduction that more than two-thirds of Americans take annually. The...
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Taxpayers Are Avoiding Billions in Taxes Due to Lax IRS Enforcement
By Eric PianinTaxpayers are avoiding billions of dollars in withholdings annually because of lax enforcement by the Internal Revenue Service, according to a recent audit by the Treasury Inspector General for Tax...
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States Fight a Tax on Sugary Drinks that Could Raise $92 Million a Year
By Elaine S. Povich, StatelineVoters in three California cities and one in Colorado will decide next month whether to slap a special tax on sugary drinks like soda and sports thirst-quenchers after costly, high-stakes campaigns...