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Taxes

President Joe Biden’s son Hunter Biden, arrives for a court appearance, Wednesday, July 26, 2023, in Wilmington, Del.
Courts & Law

Inside Hunter Biden’s tax crimes: How the president’s son blew off the IRS while making millions

The lawyer and businessman repeatedly admitted in court that he broke the law while ignoring request after request by associates to pay tax debts.

2 years ago

A person stands in front of a Meta sign outside of the company's headquarters in Menlo Park, Calif. on March 7. (Jeff Chiu/AP)
Community

3 tax prep firms shared ‘extraordinarily sensitive’ data about taxpayers with Meta, lawmakers say

The lawmakers tell the IRS, the Justice Department, the Federal Trade Commission and the IRS watchdog the findings “reveal a shocking breach of taxpayer privacy.”

2 years ago

Hunter Biden
Courts & Law

Hunter Biden federal court date set in Wilmington on tax dodging, firearm charges

Prosecutors said the president’s son will admit to failing to pay more than $200,000 in federal income taxes, and to having a .38 Special while addicted to drugs.

2 years ago

Governor Murphy held a press conference with Assembly Speaker Coughlin and Senate President Scutari to announce an agreement on senior property tax relief in the Fiscal Year 2024 budget, on June 21, 2023 in Trenton
Politics & Policy

Gov. Murphy and N.J. lawmakers announce deal on property tax break for seniors

Murphy, Assembly Speaker Coughlin and Senate President Scutari say homeowners 65 and older who make $500,000 or less will qualify for up to $6,500 in property tax relief.

2 years ago

(Tom Gralish/Philadelphia Inquirer)
Politics & Policy
Spotlight PA

Tax credits for Pa. families worth billions of dollars are on the table this budget season

The Pennsylvania legislature may expand the state’s child care tax credit and create a new program for working families based on the federal earned income tax credit.

2 years ago

Hunter Biden
Courts & Law

Hunter Biden will plead guilty in a deal that likely avoids time behind bars in a tax and gun case

The deal ends a long-running Justice Department investigation into Biden’s second son, who has acknowledged struggling with addiction.

2 years ago

Close-up of Gov. Shapiro speaking
Politics & Policy

Gov. Shapiro touts corporate tax cuts to Philly business chamber, promises investment in education

Dozens of business leaders gathered to hear about Gov. Josh Shapiro’s plans for the statewide economy and his vision to collaborate with the next leader of Philadelphia.

3 years ago

The Capital Building in Harrisburg, Pa.
Politics & Policy

Pennsylvania Senate backs bill to narrow Philly commuter tax

It likely faces a chilly reception in the state House of Representatives, where Democrats have a one-seat slim majority.

3 years ago

Several office buildings in Philly.
Politics & Policy

Philadelphia is poised to cut business, city wage taxes — again

Philadelphia City Council leaders are proposing a small cut to business taxes, but a coalition of business chambers of commerce are pushing to slash taxes in the next decade.

3 years ago

Listen 1:21
An aerial view of the Pa. House of Representatives chambers
Politics & Policy
Spotlight PA

The Pa. legislature seems to have met a tax break it dislikes: one for teachers, nurses, and cops

Lawmakers have passed millions of dollars worth of corporate tax credits in recent years, but Republicans say they’re wary of Gv. Shapiro’s plan to offer a new one to workers.

3 years ago

The US Supreme Court is seen in Washington, D.C.
NPR
Courts & Law

Grandma didn’t pay taxes. Now her house is focus of property rights test case

At issue in the case before the Supreme Court is the way at least a dozen states handle the sale of homes to pay off overdue taxes.

3 years ago

A portion of the 1040 U.S. Individual Income Tax Return form is shown
Money

New push on U.S.-run free electronic tax-filing system for all

The IRS has been tasked with looking into how to create a government-operated electronic free-file tax return system. But that doesn’t sit well with tax-prep companies.

3 years ago

The likeness of Benjamin Franklin is seen on a U.S. $100 bill, Wednesday, Feb. 22, 2023, in Marple Township
Money

Your tax refund could be smaller than last year. Here’s why

The 90 million taxpayers who have filed as of March 31 got refunds that were an average of nearly 10% less than last year.

3 years ago

Dubois City Hall
Money

Pa. city manager steals thousands of taxpayer dollars unsupervised

Herm Suplizio, manager for the city of DuBois Pa, has been arrested for stealing more than $600,000 from public accounts over which he had signatory control.

3 years ago

Treasury Secretary Janet Yellen congratulates new IRS commissioner Danny Werfel after the swearing-in at the IRS headquarters in Washington
Politics & Policy

New IRS leader promises faster, easier tax filing process

“This is our moment in history to transform the IRS,” said Daniel Werfel, who was ceremoniously sworn into his new role at the IRS headquarters, Tuesday.

3 years ago

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