Articles

New York City relies heavily on the financial industry, where bonuses at Wall Street firms, a key harbinger of growth, have fallen 9%. Read More.

A big win for Democrats could start an end-of-the-year scramble for the wealthy and their tax advisers. Read More.

Top Republicans on the tax-writing committees are asking the IRS to explain itself after a watchdog found that the agency wasted $12 million on subscriptions to an email system that it couldn’t use. Read More.

Here’s what the candidates had to say about your money. Read More.

The House’s top taxwriter wants to pursue tax reform legislation next year, according to the Ways and Means Committee’s Republican chief tax counsel. Read More.

Sharply reducing income tax rates was the first step in Reagan’s economic recovery plan, which produced a record 25 year economic boom, from late 1982 to late 2007. Read More.

The United States has the worst corporate tax system in the developed world, according to the Tax Foundation’s 2016 International Tax Competitiveness Index. Read More.

Hillary Clinton’s proposed tax increases on people with high incomes and on businesses would constrain economic growth, leading to lower wages and about 697,000 fewer jobs, according to a policy group’s analysis. Read More.

The Hillary Clinton-Tim Kaine ticket has doubled down on a payroll tax hike. Read More.

The Internal Revenue Service (IRS) has announced plans to close more processing sites around the country. Read More.

The very rich are different from you and me. They even have their own IRS audit squad. Read More.

Citing the Internal Revenue Service’s investigation of 99 churches for potential violation of laws restricting political speech, GOP and faith leaders held a press conference at the Capitol Wednesday to announce the introduction of a bill to restore free speech rights to all non-profits. Read More.

The top 1 percent gets the most from federal tax breaks, a new report shows, fueling election-year outrage over income inequality. Read More.

​ An Ohio congressman who has long sought the impeachment of IRS Commissioner John Koskinen Wednesday argued Koskinen must be punished for thwarting investigation of the scandal. Read More.

Families who have been paying a babysitter or nanny over the summer to provide childcare may be able to cut back now that school is in session, but that doesn’t mean they can avoid the so-called “nanny tax.” Read More.