Donald Trump and the GOP's proposed extension of the 2017 tax cuts failed a key vote this week, but the reasons why could ...

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions. An AICPA statement said it is “deeply troubled” by the plan to curtail use ...

As Congress deliberates these proposals, the potential impact on taxpayers, businesses, and the broader economy remains a ...

The vote came after an all-night debate that saw at least one lawmaker fall asleep at his post. Republicans rejected a series ...

A large tax cut, as well as more money for defense and immigration enforcement, would be financed by slashing health, ...

or about 1.5% reduction in income. In comparison, families with higher incomes would benefit from the extension of the 2017 tax cuts, including the expansion of the child tax credit. For ...

The IRS extended the tax deadline for all North Carolina residents. North Carolina residents have until Thursday, May 1 to ...

According to the release, taxpayers also have up to six months after the due date of the taxpayer’s federal income tax return for the disaster year, without regard to any extension of time to ...

House Republicans rolled out the first pieces of a roughly $4 trillion tax cut they hope to pass, including measures that ...

House Republicans are charging ahead with deep Medicaid cuts and an extension of the 2017 tax cuts, two policies at the heart ...