Taxpayers, including those paying tuition fees with FEE-HELP loans, can claim a deduction for self-education expenses that relate to the work they do. But graduates with a HECS-HELP debt can't claim.
Eight charities will get the Trump Foundation’s remaining assets.
Dennis Van Tine/MediaPunch/IPX via AP
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.
A proposed charitable law could simulate this sea of piggy banks.
Jakub Krechowicz/Shutterstock.com
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.
Tax time can be stressful.
Marcos Mesa Sam Wordley/Shutterstock.com
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.
Missouri Gov. Eric Greitens, before he resigned amid scandals.
AP Photo/Jeff Roberson
The nation's biggest gun advocacy group operates as a bundle of distinct organizations. It's a fairly common arrangement, followed also by the likes of Planned Parenthood and the ACLU.
It may opens doors but follows wherever you go.
AP Photo/Benny Snyder
Congress changed the tax system to benefit companies with overseas operations but failed to help Americans actually living abroad, who still face punitive taxation.
New York Gov. Andrew Cuomo vows he will fight to protect his state from fallout from the new tax law.
AP Photo/Hans Pennink
New York, California and other high-tax states are angling to use the charitable deduction and state payroll taxes as workarounds to shield both their residents and their revenue.