Should we eliminate all news sources like some advocate?

Yes.

What about the news that are relevant, e.g. changes in the tax code that you need to know about?

If you try to read the news, you will see far more proposed changes tax changes than actual changes, and far more useless political debate than practical ramifications. Much more efficient to just google "tax changes [state] [year]" once a year or ask an accountant you know.