Dozens of prosperous countries save billions of dollars and hours annually by not requiring residents to fill out tax returns, so what is the United States waiting for?
Because the rich often have complicated deductions that dabble in the gray areas of tax law, it’s simply easier to audit the straightforward taxes of the working poor.
As people file their taxes in a year where many are going through financial hardships brought on by COVID-19, a scholar argues that cheating on one’s taxes would still be morally wrong.
Under a settlement reached with New York authorities, he must give US$2 million to nonprofits out of his own pocket. And if he wants to start another foundation, Trump must submit to close supervision.
While the Treasury secretary says House Democrats lack a ‘legitimate’ reason for demanding Trump’s tax returns, a former IRS attorney explains that the law says otherwise.
The investigations into the financial dealings of Donald Trump and his associates join a growing body of evidence pointing to lax enforcement of certain high-level financial crime.
The NRA may fund political candidates but only with cash from U.S. donors. The group could face serious consequences if, as news reports allege, it broke laws and rules.
The tax agency, as it happens, singled out both conservative and liberal groups seeking tax-exempt status for extra scrutiny. But the myth that it picked on the tea party movement hasn’t gone away.
While people often want to cheat in certain cases if it would benefit them, they also want to think of themselves as honest. Here are three steps to stay honest while filing taxes.
Congress changed the tax system to benefit companies with overseas operations but failed to help Americans actually living abroad, who still face punitive taxation.
When there are two malaria prevention interventions available people don’t take an either or approach – they consider that the two interventions are complementary.