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Marketplace Morning Report

A year-and-a-half late and $1 million short

Aug 23, 2019

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Marketplace Morning Report

Gold Star families facing higher tax bills — but a solution is in sight

by Marielle Segarra May 27, 2019
The "Kiddie Tax" is suddenly something they have to worry about.
A volunteer places flowers along a row of headstones during a volunteer event ahead of Memorial Day on May 26, 2019 in Arlington, Virginia.
Tom Brenner/Getty Images

The IRS is using Instagram to try to humanize the agency

by Barbara Platts Apr 1, 2019
The Internal Revenue Service is getting creative.
One of the 12 monsters the IRS posted as part of the #IRSdirtydozen campaign, aimed at teaching taxpayers the most common tax scams they may encounter. 
Courtesy of IRS

Confusion reigns for some businesses over "pass-through" deduction

by Marielle Segarra Jan 14, 2019
Some companies are unsure whether a 20 percent income deduction applies to them.
Under the new tax law, LLCs and S corporations pay taxes based on their owner’s personal income instead of the corporate tax rate.
Tim Boyle/Getty Images
Corner Office

Here's why some of Trump's policies have been pretty good for Hollywood so far

by Kai Ryssdal and Bridget Bodnar Jun 6, 2018
Motion Picture Association of America CEO Charlie Rivkin talks about the business of making movies and more.
“My industry and me in particular, we were one of the first out in support of the tax deal that [President Donald Trump] put forward," says Charlie Rivkin, CEO of the Motion Picture Association of America. Above, he speaks at CinemaCon in April in Las Vegas.
Ethan Miller/Getty Images for CinemaCon
Tax Bill 2017

Big banks are expected to report big profits tomorrow

by Aaron Schrank Apr 12, 2018
Tomorrow, JPMorgan Chase, Citigroup and Wells Fargo will report earnings for the first few months of the year. This year is shaping up to be a good one for the big banks, which are hauling in record profits. Analysts expect the…

Survey finds few workers notice new take-home pay boost from tax cut

by Mitchell Hartman Mar 5, 2018
The boost in take-home pay from the Republican-passed tax-cut bill is starting to show up in many workers’ paychecks. But how aware are taxpayers of the change? Many employers began reducing tax withholding in February. But a new survey from…

Don’t be concerned about more bond market volatility, according to one expert

by Victoria Craig Jan 12, 2018
Bond prices have been under pressure this week as yields jumped to a 10-month high on a range of factors, including forecasts for better global growth, U.S. tax reform, and reports some nations could scale back U.S. debt purchases. Things…

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Tax Bill 2017

Companies might have raised wages even if tax reform never passed

by Jana Kasperkevic Jan 11, 2018
Walmart is raising wages, but that might have less to do with taxes and more to do with the labor market.
Walmart employee Anna Hines walks through the parking lot of a Walmart in Chicago, Illinois.
Tim Boyle/Getty Images
Weekly Wrap

4.1 percent is the name of the unemployment rate game

by Amy Scott Jan 5, 2018
But what about wages?
US President Donald Trump walks to Marine One prior to departing from the South Lawn of the White House in Washington, DC, January 5, 2018, as he travels for a weekend with Republican lawmakers at Camp David in Maryland.
SAUL LOEB/AFP/Getty Images

It's a long wait for Section 8 housing in U.S. cities

by Aaron Schrank Jan 3, 2018
In Los Angeles, it can take 10 years to get a voucher — if you're lucky.
In Los Angeles, 188,000 people applied for 20,000 spots in the housing voucher waiting line.
Justin Sullivan/Getty Images