Taxes

WHY IT MATTERS: IRS

THE ISSUE: The Internal Revenue Service touches everyone, not just taxpayers but anyone who receives a government check, drives on roads made possible by tax revenue or sends a child to a school helped by Washington.

Farm slowdown pushes Iowa tax revenue $49.3 million lower

State budget experts on Thursday lowered Iowa's revenue projections for the current fiscal year, citing a slowdown in agricultural income and economic uncertainty due to the divisive presidential race, interest rates and international trade.

Trump is not alone: How some tax policy favors the rich

Donald Trump's taxes still have many people scratching their heads: How did he incur such massive losses? What happened in other tax years? Is what he did legal? And how is this even possible? The U.S. tax code is notoriously complex.