• Donald Trump Dec 16, 2017

    Highlights of GOP Compromise Bill to Overhaul Tax Code

    Republicans in Congress have blended separate tax bills passed by the House and Senate into compromise legislation that seeks to achieve a sweeping overhaul of the nation’s tax code. GOP leaders are looking toward passage of the final package by the House and Senate next week, with the aim of sending the measure to President Donald Trump to sign before...

  • Senate Jul 19, 2017

    What's Next? Senate GOP Scrambles After Health Care Flop

    Now what? Senate Republicans were scrambling to pick up the pieces Tuesday after their attempt to repeal and replace the Obama-era health care law collapsed a second time. After working for months on a new health package, Senate Majority Leader Mitch McConnell, R-Ky., announced Tuesday that the Senate would vote to simply repeal Obama’s health care law “sometime in the...

  • Congress Jul 18, 2017

    GOP Senators Pull Support For Health Care Bill

    President Donald Trump took to Twitter on Tuesday to blame a failed GOP-backed health care bill on “all of the Democrats and a few Republicans,” just hours after two key GOP senators yanked support for their party’s health care bill, effectively killing it.

  • Donald Trump May 12, 2017

    Top Baby Names: Emma, Noah Reign; Caitlyn Plunges Out of Top 1,000

    Don’t call me Caitlyn. A year after Caitlyn Jenner announced her new name and gender, the popularity of the name Caitlyn plummeted more than any other baby name, according to Social Security’s annual list of the most popular baby names. In fact, the four names that dropped the most were all variations of the same name: Caitlin, Caitlyn, Katelynn and...

  • Donald Trump Apr 27, 2017

    Trump Tax Plan: Relief for His Voters but Lots of Unknowns

    President Donald Trump’s plan to overhaul the nation’s tax code could provide significant tax cuts for the working-class voters who elected him, but the unknowns could end up hurting many of these core supporters of the president. A look at how Trump’s tax plan could affect families at different income levels:

  • Commissioner Apr 14, 2017

    Deadline for Filing Tax Returns Falls on Tuesday This Year

    Don’t freak out if you haven’t finished your taxes. The IRS is giving you a reprieve until Tuesday. The usual April 15 deadline falls on Saturday this year. That would normally push the deadline to Monday. However, Monday is a holiday in the District of Columbia, so by law, the filing deadline is extended until Tuesday. Monday is Emancipation Day...

  • Commissioner Apr 13, 2017

    Good News, Procrastinators: Tax Deadline Pushed to Tuesday

    The usual April 15 deadline to file for IRS tax forms falls on Saturday this year. That would normally push the deadline to Monday. However, Monday is a holiday in the District of Columbia, so by law, the filing deadline is extended until Tuesday. Monday is Emancipation Day in the District of Columbia. It marks the day in 1862 in...

  • Donald Trump Apr 9, 2017

    Trump and Taxes: Back to Drawing Board, Seeks GOP Consensus

    President Donald Trump has scrapped the tax plan he campaigned on and is going back to the drawing board in a search for Republican consensus behind legislation to overhaul the U.S. tax system. The administration’s first attempt to write legislation is in its early stages and the White House has kept much of it under wraps. But it has already...

  • Congress Mar 9, 2017

    IRS Making Big Dent in Identity Theft, Stopping $6.6B in Fraudulent Refunds in 2016

    The IRS reports that the number of identity theft victims plummeted last year after agents struggled for years to combat what has become a multibillion-dollar industry. The number of victims dropped by 46 percent, to 376,000, the tax agency said. These taxpayers had their identities stolen by criminals who used their Social Security numbers and birthdates to obtain fraudulent tax...

  • Bureau of Labor Statistics Oct 18, 2016

    Social Security Recipients to Get Small Increase in Benefits

    Millions of Social Security recipients and federal retirees will get only tiny increases in benefits next year, the fifth year in a row that older Americans will have to settle for historically low raises. There was no increase this year. Next year’s benefit hike will be small because inflation is low, driven in part by lower fuel prices. The COLA...

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