News

The enactment of the Great Beautiful Project Act (OBBBA) by President Trump on July 4, 2025, has sparked significant debate ...
The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...
President Trump’s domestic agenda bill spans military and immigration measures, major cuts to national healthcare, and ...
President Donald Trump’s “big beautiful bill” raises the SALT deduction cap to $40,000. Here’s who will benefit.
Trump’s ‘One Big Beautiful Bill’ could reshape the Earned Income Tax Credit by adding new eligibility requirements. While not eliminating the EITC, the changes may reduce access for low-income ...
Because these deductions reduce your taxable income, they're the most beneficial for people in the highest tax brackets. A $1 ...
Given this administration’s history of bold and sometimes outlandish ideas — from threaten to use force to invade Greenland ...
The IRS has lost more than a quarter of its employees under the Trump administration and faces further staffing cuts.
The president and Harvard University's standoff continues as Trump and HHS accuse the Ivy of civil rights violation, putting ...
Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax ...
Gamblers will have to pay taxes on their losses thanks to provision in Trump’s spending bill - The provision overturns the ...
A watchdog says the IRS may not be prepared for a normal tax season, much less one with sweeping tax law changes.