Budget Battles
-
‘A Good Day for America’: Biden Signs $95 Billion Foreign Aid Bill
-
Senate Advances $95 Billion Foreign Aid Package
-
GOP Infighting Continues as Senate Heads for Aid Vote
-
News Alert: House Approves $95 Billion Aid Package for Ukraine, Israel and Taiwan
-
Dems Help Save Johnson's Aid Package for Israel, Ukraine
-
Johnson Rejects a Plan to Save His Speakership
-
Johnson Defies Hardliners, Pushes Ahead With Foreign Aid Plan
-
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...
-
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...
-
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...
-
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...
-
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)...
-
The Worst States for Property Taxes – and the Best
Americans collectively paid $277.7 billion in property taxes on single-family homes last year.
-
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...
-
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...
-
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...
-
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...
-
The IRS Wants Its Share of the Multi-Billion Dollar Sharing Economy
By Janna HerronThe gig economy keeps growing, and that’s a problem for the IRS. More than 2.5 million taxpayers earned income in 2014 through sharing economy businesses such as Uber, Airbnb and Etsy, according to a...
-
Why a Big Jump in Tax Cheating Is Just Around the Corner
Washington Post Columnist Catherine Rampell has a good piece up predicting a very bad development: a coming rise in tax cheating. As Rampell notes, Americans have been pretty good about paying their...
-
Why Some States Are Backpedalling on Sales Tax Holidays
By Elaine S. Povich, StatelineMany back-to-school shoppers used to be able to count on sales tax holidays at this time of year. But more states are disappointing them by rejecting or cutting back on the small tax breaks, as they...
-
Why Back-to-School Tax Holidays Are a Bad Deal
By Christopher Koopman and Anne PhilpotBack-to-school season marks the beginning of the end of summer. Parents stock up on fresh school supplies, teachers prepare their classrooms and state legislatures offer what has become an annual...
-
Trump's Economic Speech to Focus on Taxes, Regulation, and Child Care
By Rob GarverDonald Trump, in a speech this morning before the Detroit Economic Club, will detail a number of policies that appear designed to place his otherwise undisciplined presidential campaign squarely in...