Taxes
Impact of Our Reporting
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.
Senators Question KPMG Role in Microsoft Profit-Shifting Scheme
The giant consulting firm proposed that Microsoft transfer billions in profits to a small factory in Puerto Rico. The step initially saved the software company billions — then led to an IRS audit and a bill for $28.9 billion in back taxes.