Taxation

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Taxation

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PAY DIRT

Inside a GOP Candidate’s Tropical Island Tax Shelter

GOP candidate Lisa Scheller is touting her business record as she runs for Congress. What she isn't talking so much about is how she’s using an international tax shelter.

Roger Sollenberger

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Gimme Shelter

Sinema Won’t Let Dems Kill a Favorite Tax Break for the Rich

The Arizona centrist says she supports addressing abuse of the tax trick, but a bipartisan-backed proposal to do so now is not cutting it for her.

Sam Brodey

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THANKS A LOT

Colbert Blasts Elon Musk for Not Paying His Share in Taxes

The “Late Show” host went after the Tesla billionaire on Thanksgiving Eve.

Marlow Stern

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Not Adding Up

Dems Vowed to Soak the 1%. Now They Want to Cut Their Taxes.

Democrats ran on raising taxes on the richest Americans. But now that they have the opportunity to actually do that, they’re doing the opposite.

Sam Brodey

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opinion
A BETTER PATH

A Bipartisan Way to Save $1 Trillion—Cut the Rich’s Benefits

Before hiking taxes on the wealthiest Americans, start by slashing the spending that goes to them.

Brian Riedl

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TAKE NOTES

What Everyone Can Learn From How Porn Stars Do Their Taxes

For decades, porn stars have filed taxes as independent contractors. Here’s what Americans entering self-employment need to know about adult performers’ tax hurdles and strategies.

Cherie DeVille

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BREATHING ROOM

Trump Admin Likely to Suspend April 15 Tax-Filing Deadline

If finalized, the extension would give those hurt by the spread of the novel coronavirus a financial reprieve.

Barbie Latza Nadeau

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opinion
INDIVIDUAL 1

Trump Org Tax ‘Fraud’: Will Anyone Go to Jail?

The Trump Organization showed one set of books to lenders, another to tax officials. But it could be harder for the Manhattan DA to make that case than it sounds.

Martin Sheil

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$$$

Elizabeth Warren Releases Tax Returns, Shows $900K in Income

The presidential hopeful joins several other candidates in disclosing their financial information.

Victoria Albert

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HEARTLESS

German Town Sells Family’s Pug on eBay to Cover Unpaid Taxes

Sparking fierce backlash on social media.

Audrey McNamara

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SHOW ME THE MONEY

Average Tax Refund Down Eight Percent

These returns mark the first full year of the Republican-led tax code overhaul.

Audrey McNamara

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