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Federal taxes

If your student loans were forgiven last year, what does that mean for your tax bill?

by Samantha Fields
Feb 15, 2024
Due to a temporary change in the law, student loan forgiveness is not considered federally taxable income. State tax laws vary, though.
Anyone who received forgiveness in 2023 or gets it in the next two years doesn’t have to worry about federal taxes.
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Tax the rich! OK … but how?

by Jana Kasperkevic
Mar 12, 2019
Lawmakers have a lot of ideas … can they make any of them a reality?
Scott Barbour / Getty Images
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Refunds are looking slimmer this tax season

by Marielle Segarra
Jan 29, 2019
Here's what you told us.
Joe Raedle/Getty Images
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With the tax bill signed, a fight with hard-hit states begins

by Ryan Kailath
Jan 10, 2018
California and New Jersey are exploring the use of charitable contributions to offset taxes.
Joe Raedle/Getty Images
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Could tax reform lead to millionaire tax flight?

by Jana Kasperkevic
Nov 21, 2017
Local politicians worry that eliminating state and local tax deductions could send the rich packing.
A U-Haul truck sits in front of a U-Haul store in Morton Grove, Illinois.
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The GOP tax plan just got more expensive

by Kimberly Adams
Nov 8, 2017
A new estimate by the Congressional Budget Office says the plan could add $1.7 trillion to the deficit
Committee chairman Rep. Kevin Brady (R-TX) and ranking member Rep. Richard Neal (D-MA) confer with aides before the start of a House Ways and Means Committee hearing concerning the Trump administration's fiscal year 2018 budget proposals, on Capitol Hill, May 24, 2017 in Washington, DC.
Drew Angerer/Getty Images
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Why the GOP believes in a decades-old tax myth

by Kai Ryssdal and Shaheen Ainpour
Nov 1, 2017
Tax cuts for the rich is the only economic solution Republicans know, says Bruce Bartlett, a former presidential adviser.
Speaker of the House Paul Ryan, left, a Republican from Wisconsin, discusses the GOP plans for tax reform on Sept. 27 in Washington, D.C.
Drew Angerer/Getty Images
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How the GOP tax plan could hurt charities

by Adriene Hill
Oct 17, 2017
The framework would give fewer people tax incentives to give.
President Donald Trump speaks on tax reform at Harrisburg International Airport last week in Middletown, Pennsylvania.
MANDEL NGAN/AFP/Getty Images
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MAGAnomics: The White House economy plan is not without its flaws

by Kai Ryssdal
Jul 13, 2017
Making the American economy great again is not as easy as it seems.
Welcome to MAGAnomics
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The IRS doesn’t care if you have political reasons for not paying your taxes

by Jana Kasperkevic
Apr 18, 2017
Not paying could result in penalties and felony charges.
Armando La Rosa directs people to the Liberty Tax Service office as the deadline to file taxes looms on April 15, 2016 in Miami, Florida. 
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