A brief passage in the Republican "Big, Beautiful Bill" that changes the way gamblers can deduct losses on their taxes may end up driving gambling offshore, an industry leader said.

Two Republican senators and a broad bipartisan coalition of funders and nonprofits prevented a 600% increase in taxes levied on the endowments of the largest private foundations as part of President ...

Once upon a time, the idea of simplifying the federal tax code enjoyed widespread bipartisan political support. Times have ...

Vice President JD Vance on Wednesday made the Trump administration’s first big pitch to sell the public on President Donald Trump’s sweeping budget-and-policy package in the swing political turf of ...

Starting in 2025, the first $12,500 of overtime pay for single individuals (or $25,000 for married couples) will not be subject to Social Security and Medicare taxes.

Facing inflation, tax shifts and economic uncertainty under Trump? Discover 4 expert-backed spending changes to protect your finances and plan ahead.

For homeowners who have been on the fence about switching to solar, now might be the best time to make the move.The 30% federal solar tax credit has been a huge ...

Although the tax cuts for the wealthy take effect in 2025 and 2026, the deep cuts to safety-net programs that slash $1 trillion from Medicaid over the next decade won’t start causing pain until ...

The upcoming end to electric vehicle tax credits is lighting a fire under customers’ feet. With the passage of the federal budget bill, electric vehicle tax credits ...

The bill offers tax incentives for filmmakers or creatives on any projects over $300,000. This bill already exists in other states like Illinois and Kentucky.

President Donald Trump signed a new spending bill on July 4 that includes tax breaks on overtime hours, but truck drivers across the nation will see no benefit from the new legislation.