Some of the law’s provisions benefitting taxpayers of ordinary means — including tax cuts for tipped and overtime income — are set to expire in 2028. Multimillionaires will benefit from a permanent ...

The outlook for the economy got cloudier Tuesday after Trump sent mixed signals about an Aug. 1 deadline for his long-delayed ...

The “One Big, Beautiful Bill Act” passed by GOP lawmakers and signed into law by President Trump last week contains a number ...

Got questions about the new deductions for seniors, tips, overtime and car loans? Here’s what you’ve been asking—and my ...

While appreciated, Reynolds said it does not cover the losses the state will see. Nationally, federal Medicaid spending in ...

The sweeping Big Beautiful Bill passed this July includes several household-level tax changes that could reshape how many ...

President Donald Trump signed a bill into law that allocates $350 billion to support mass deportation efforts, sparking ...

Among the changes in the One, Big, Beautiful Bill Act (OBBA) was the renaming of Global Intangible Low-Taxed Income (GILTI) to Net CFC Tested Income (NCTI). But the renaming is not the end of the ...

Republicans criticize Obama-appointed judge for issuing a temporary restraining order preventing the defunding of Planned Parenthood, calling it an overreach of judicial authority ...

Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful ...

President Donald Trump's massive tax and spending package levies a hefty tax on the universities with the largest endowments.