taxes

Published
January 4, 2023

Commentary: 500 reasons to eliminate the income cap for Social Security taxes

Taxing income only up to $160,200 for Social Security is leaving a lot of revenue on the table.
Published
December 30, 2022

Key takeaways from Trump’s long-sought tax returns

The release of former President Donald Trump's tax returns show he maintained a bank account in China through 2017, his first year in the White House.
Published
December 30, 2022

Here’s what we’ve learned from Trump’s tax returns

Among other things, Trump has bank accounts in several foreign countries and earned money in many nations while he was president.
Published
December 30, 2022

Trump’s tax returns released after long fight with Congress

Trump had refused to release his returns when he ran for president and had waged a legal battle to keep them secret while he was in the White House.
Published
October 31, 2022

Trump asks Supreme Court to keep tax returns from House committee

Lower courts ruled that the committee has broad authority to obtain tax returns and rejected Trump's claims that it was overstepping.

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Published
October 28, 2022

IRS: Gap will grow between income taxes owed, paid

Ensuring that people actually pay their taxes is one of the tax collection agency's biggest challenges.
Published
October 27, 2022

IRS hires 4,000 customer service workers ahead of tax season

Treasury and IRS officials have said they want to put an end to poor customer service.
Published
October 18, 2022

You can keep more money from the IRS next year, thanks to inflation

The standard deduction – the baseline amount of income that filers can collect tax free – will increase to $13,850 for individuals and $27,700 for married couples.
Published
August 29, 2022

New tax stabilization program for older Mainers gets off to rocky start

The work of answering questions and verifying applications is falling to municipal assessors on top of their regular duties.
Published
August 12, 2022

Trump Organization, CFO’s tax fraud trial set for October

Capping an extraordinary week in Donald Trump’s post-presidency, a New York judge ordered Friday that his company and its longtime finance chief stand trial in the fall on tax fraud charges.