IRS

Law and Justice concept. Mallet of the judge, books, scales of justice. - stock photo
Michał Chodyra / Getty Images
Pat Loeb
August 06, 2019 - 8:43 pm
PHILADELPHIA (KYW Newsradio) — Six days before the 2016 election of Donald Trump, two Haverford College students tried to get his tax return by filling out a fraudulent financial aid form. One of them pleaded guilty in federal court Tuesday to two misdemeanor charges in the case. Justin Hiemstra, a...
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Governor Phil Murphy and Attorney General Gurbir Grewal announce a federal lawsuit to overturn IRS rule invalidating New JerseyÕs efforts to restore property tax deductibility on July 17, 2019, in South Orange.
Edwin J. Torres/N.J. Governor's Office.
David Madden
July 17, 2019 - 1:58 pm
SOUTH ORANGE, N.J. (KYW Newsradio) — New Jersey is joining two neighboring states to the north in filing a federal lawsuit that, if successful, would remove caps on state and local tax deductions imposed by the IRS as part of the Trump tax plan. The suit, which includes New York and Connecticut,...
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David Madden
June 17, 2019 - 4:00 am
PHILADELPHIA (KYW Newsradio) — The Department of the Treasury has adopted new IRS rules that put serious limits on a plan New Jersey and other states wanted to use to get around President Trump’s limits on state and local tax deductions. But the Garden State won’t end their battle to get around the...
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This Feb. 1, 2018 file photo shows an IRS W-4 form in New York. On Friday, May 31, 2019, the IRS is expected to release a proposed update to the form. Experts say that while it will be much more accurate, it will also be much more difficult.
Barbara Woike/AP Photo, File
May 31, 2019 - 12:24 pm
By Sarah Skidmore Sell, AP Personal Finance Writer The IRS has proposed an update to the Form W-4 that it says will increase its accuracy and reduce its complexity. But experts say it may prove a bit more difficult for employees to complete. The form, which is used to help employers know how much...
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Tax forms.
Piotrekswat/Getty Images
May 17, 2019 - 4:00 am
By Amy E. Feldman, Judge Technology Solutions PHILADELPHIA (KYW Newsradio) — The Court upheld the IRS' decision on what isn't a church. Like the IRS, you might wonder why there's an ATM at the entrance of the Panama City Florida Tabernacle, which had a website advertising a seven-night-a-week party...
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taxes
LIgorko / iStock / Getty Images Plus
David Madden
May 12, 2019 - 4:00 am
TRENTON, NJ (KYW Newsradio) -- A year ago, New Jersey Gov. Phil Murphy signed a law that gave towns, counties and school districts a way to help taxpayers get around new federal limits on deductions they can take for state and local tax payments. So how’s it going? Not one town in the state has...
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President Donald Trump speaks in the East Room of the White House in Washington, Friday, May 10, 2019
Manuel Balce Ceneta/AP Photo
May 11, 2019 - 8:17 pm
WASHINGTON (AP) — President Donald Trump is scoffing at Democrats' attempts to pry loose his tax returns, saying his refusal to release the records as a candidate didn't hurt him in 2016 and voters "didn't care" about the issue. A leading House Democrat has issued subpoenas for six years of Trump's...
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President Donald Trump speaks during an event for the Wounded Warrior Project Soldier Ride in the East Room of the White House on April 26, 2018, in Washington, DC. (Photo by Oliver Contreras/SIPA USA)
© Sipa USA
May 10, 2019 - 4:49 pm
By Lauren Fox, CNN (CNN) -- House Ways and Means Committee Chairman Richard Neal has issued subpoenas for President Donald Trump's tax returns, the committee told CNN on Friday, an escalation in the fight for the President's personal financial records and the latest step this week in Democrats'...
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President Donald Trump
Andrew Harnik/AP
May 08, 2019 - 11:14 am
WASHINGTON (AP) — President Donald Trump on Wednesday acknowledged taking massive tax write offs for real estate losses topping $1 billion from the mid-1980s to mid-1990s, calling it "sport" among developers like himself during that period. Trump was reacting to a New York Times report Tuesday that...
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Lynne Adkins
April 12, 2019 - 4:00 am
PHILADELPHIA (KYW Newsradio) — If you haven't already filed your tax return, time is running out. This is your last weekend, your tax return must be filed electronically or postmarked at the local post office by midnight Monday. If you're worried this still isn't enough time to finish, you can file...
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