Taxes
How Billionaires Have Sidestepped a Tax Aimed at the Rich
Wall Street financiers were a clear target of the tax, but some, on questionable legal grounds, have claimed their outsized profits were exempt, sometimes avoiding hundreds of millions in taxes.
How a Decades-Old Loophole Lets Billionaires Avoid Medicare Taxes
Some of Wall Street’s richest and most powerful figures are using a legal loophole to avoid paying millions of dollars in taxes earmarked for health care, a ProPublica investigation found.
ProPublica Adds More Than a Million New Records to Nonprofit Explorer
The IRS finally resolved its delay in publishing new nonprofit tax records, and we’ve added them to our database.
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.
Impact of Our Reporting
Sports Team Owners Face New Scrutiny From IRS Over Tax Avoidance
A new campaign by the tax agency comes after ProPublica revealed how billionaires generate what can be hundreds of millions in tax savings by purchasing professional sports teams.
The Oregon Timber Industry Won Huge Tax Cuts in the 1990s. Now It May Get Another Break Thanks to a Top Lawmaker.
As the cost of fighting wildfires increases, state Sen. Elizabeth Steiner has proposed a bill — developed in consultation with the logging industry — that would shift millions in expenses away from the biggest landowners and onto taxpayers.
FTC Orders Maker of TurboTax to Cease “Deceptive” Advertising
The federal agency, after an investigation prompted by ProPublica’s reporting, blasted Intuit for misleading customers about its “free” tax-filing program and directed the company to take specific steps to fix its ads.
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