“Step Away From that Soda, Sir”

Last year, the Philadelphia City Council slapped a 1.5 cent-per-ounce tax on soda and artificially-sweetened drinks. The new tax, which became effective on January 1, sounds like something intended to fight obesity, diabetes, and other public health threats. Council...

Tax Apprentice

Back in 2004, Donald Trump was just another overextended real-estate developer with two divorces and four bankruptcies under his belt. That all changed with the debut of The Apprentice, the show that made “you’re fired!” a national catchphrase....

Politicians Behaving Badly

(Hard to believe, right?) Last week, we presented three stories from the IRS Criminal Investigation unit’s most recent annual report outlining their work to protect the Treasury’s revenue from grifters, cheats, and cons. It’s a “true...

Happy

The IRS publishes hundreds of reports every year, covering all sorts of topics. You’ll find routine statistical summaries, like the always-popular “Number of Individual Income Tax Returns, Income, Exemptions and Deductions, Tax, and Average Tax.”...

Tax Thoughts for the New Year

2017 is likely to be a big year for taxes. House Speaker Paul Ryan and President-elect Donald Trump haven’t been shy about their New Year’s resolutions to rewrite the tax code, and we could be in for quite a ride. So here are some thoughts to start...

Creepy Little Elf Has Nothing on the IRS

If you have kids and you celebrate Christmas, you’re probably familiar with the Elf on the Shelf — a storybook and accompanying doll that help encourage your little darlings to behave themselves before the holidays. The book tells wide-eyed children how Santa...