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.

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

Almost all of the cuts that Republicans hope to pass in the coming weeks will last only until President Trump is set to leave ...

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 ...

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

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

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 ...

Alabama residents automatically received a filing extension for federal income taxes due to experiencing natural disasters across the state. The usual April 15 deadline was pushed to May 1 for ...