Could Filing Taxes Get Simpler? The Push for Return-Free Systems
Advocates say the IRS could pre-fill returns; critics warn of trade-offs.
Diane Kennedy reports on federal tax legislation, Treasury rulemaking, and the politics of tax reform on Capitol Hill. She focuses on how policy debates translate into real rules for taxpayers.
Advocates say the IRS could pre-fill returns; critics warn of trade-offs.
Lower individual rates and a larger standard deduction sunset without action from Congress.
The limit on state and local tax deductions divides high-tax and low-tax states.
How the tax code rewards some couples and quietly costs others.
Recent laws expanded 401(k) and IRA rules to nudge Americans to save more.
The difference between taxes owed and paid drives debates over enforcement funding.
A major break for pass-through businesses comes with limits and phase-outs.
Proposals to raise or preserve the 21% rate carry big revenue and investment stakes.
A large refund means you lent the government money at zero interest.
Combined state and local rates vary widely — and so do what's taxed.
Nine states skip a wage tax, but the money comes from somewhere.
Federal credits for EVs, solar, and efficiency reshape household and business decisions.
Four payments a year keep the self-employed penalty-free.
A flat per-gallon levy funds highways but buys less every year as costs climb.
Employees generally can't, but the self-employed often can.
Without new law, the amount shielded from estate tax drops sharply after 2025.
Businesses can deduct the cost of assets faster — within annual limits.
Americans spend billions of hours and dollars just to comply.
State fuel levies fund roads and vary by tens of cents per gallon.