Taxes

If you faced a surprise penalty for coming up short on your 2018 taxes, the IRS might be giving you some relief.

The IRS is finally ready to make good on threats to strip U.S. passports from Americans who owe more than $52,000 in overdue taxes.

During Tuesday night’s Democratic presidential debate, many of the Democratic candidates called for ending a favorite tax break of the rich. And now they have some unlikely allies: billionaire, conservative hedge-fund managers.

There’s been discussions about the pay discrepancy between CEOs and workers with now one city actually taxing that gap. Robert Frank reports.

We look into the so called “Opportunity Zones” that’s coming under fire recently for helping the wealthy. Robert Frank explains.

The House Ways and Means Committee on Tuesday sued the Treasury Department to get President Donald Trump’s tax returns, a spokesman for a committee member told CNBC on Tuesday.

We delve into what some of the Democratic Presidential Candidates’ views on taxes are. John Harwood joins us in this discussion.

Sen. Bernie Sanders announced a plan on Monday to erase the country’s $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020 Democratic presidential primary.

Some of America’s billionaires have a message for the next President of the United States: tax us.

Sen. Elizabeth Warren (D-Mass.) reintroduced a bill that would allow married same-sex couples to file joint amended federal tax returns and collect refunds for as long as they have been married.

U.S. lawmakers are still focusing on international tax laws and recently two Democratic lawmakers proposed a new tax law that they say will help American workers. Ylan Mui reports.

A growing number of companies automatically take money from their employees’ paychecks and deposit it into a retirement account — even after a worker has said “no, thanks.”

Recently, billionaire hedge fund manager Stanley Druckenmiller said he wouldn’t have a problem with a higher tax rate on capital gains. But, how would this impact individual investors? Ben Phillips, founder and CIO at Eventshares, joins our show with his analysis.

As the calendar shows it’s 5/29, it is also the day to understand the importance in saving money for college using the “529 Plan”. But, most families in the nation are still struggling to save money for their children’s college. Senior Personal Finance Correspondent, Sharon Epperson, joins us on set and gives us the breakdown on the benefits of the “529 Plan.”

The nation’s wealthiest are seeing less tax audits than before. Why is that? Robert Frank reports.