Paul Kiel
Paul Kiel covers business and consumer finance for ProPublica.
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Paul Kiel covers business and consumer finance for ProPublica.
In recent years, he’s focused on the U.S. tax system. The Secret IRS Files, which involved a team of ProPublica reporters, revealed key ways the ultrawealthy avoid taxes. Before that, he worked on The TurboTax Trap and Gutting the IRS investigations.
Past areas of focus included the foreclosure crisis, high-cost lending, the use of lawsuits to collect consumer debts, and the consumer bankruptcy system.
He has won numerous awards, including the Selden Ring Award, a Gerald Loeb Award, a Barlett & Steele Award, a Scripps Howard Award twice, a Hillman Prize, and a Philip Meyer Award from Investigative Reporters and Editors.
His work has appeared in several newspapers, including The Washington Post and The New York Times. He has also produced stories for National Public Radio and American Public Media’s Marketplace, as well as appeared on This American Life.
States Prepare to Send Checks to Consumers Tricked Into Paying for TurboTax
A year after a $141 million settlement with Intuit, the maker of TurboTax, that emerged from an investigation sparked by ProPublica’s reporting, 4.4 million customers will receive compensation.
by Paul Kiel,
How the Ultrarich Claim Huge Tax Deductions on Their Private Jets and Luxury Yachts
What’s better than having your own Gulfstream jet? Getting to claim millions in tax deductions for it.
by Paul Kiel,
How the Wealthy Save Billions in Taxes by Skirting a Century-Old Law
Congress outlawed tax deductions on “wash sales” in 1921, but Goldman Sachs and others have helped billionaires like Steve Ballmer see huge tax savings by selling stocks for a loss and then replacing them with nearly identical investments.
by Paul Kiel and Jeff Ernsthausen,
Hedge Fund Manager Ken Griffin Sues IRS Over “Unlawful Disclosure” of His Tax Information to ProPublica
The Citadel founder was among dozens of ultrawealthy Americans spotlighted in our Secret IRS Files series, which used a trove of agency data to reveal how billionaires avoid paying taxes and use their money to influence tax policy.
by Jesse Eisinger and Paul Kiel,
Inflation Reduction Act Will Require the IRS to Study Free Tax Filing Options
TurboTax maker Intuit has long blocked efforts to create free online tax filing for all, but this sweeping domestic policy bill provides $15 million to investigate how the IRS could implement such a program.
by Justin Elliott and Paul Kiel,
Ken Griffin Spent $54 Million Fighting a Tax Increase for the Rich. Secret IRS Data Shows It Paid Off for Him.
The ultrawealthy poured money into a successful campaign to defeat a graduated state income tax. For the first time, we can reveal the scale of their return on this investment.
by Paul Kiel and Mick Dumke,
Ten Ways Billionaires Avoid Taxes on an Epic Scale
After a year of reporting on the tax machinations of the ultrawealthy, ProPublica spotlights the top tax-avoidance techniques that provide massive benefits to billionaires.
by Paul Kiel,
How Susquehanna’s Jeff Yass Avoided $1 Billion in Taxes
The billionaire TikTok investor specializes in securities trades that are taxed at around 40%. A ProPublica analysis reveals how Yass and his partners have kept their tax rates at 20% or lower.
by Justin Elliott, Jeff Ernsthausen and Paul Kiel,
Meet the Billionaire and Rising GOP Mega-Donor Who’s Gaming the Tax System
Susquehanna founder and TikTok investor Jeff Yass has avoided $1 billion in taxes while largely escaping public scrutiny. He’s now pouring his money into campaigns to cut taxes and support election deniers.
by Justin Elliott, Jesse Eisinger, Paul Kiel, Jeff Ernsthausen and Doris Burke,
“If You’re Getting a W-2, You’re a Sucker”
There are many differences between the rich and the rest of us, but one of the most consequential for your taxes is whether most of your income comes from wages.
by Paul Kiel,