The U.S. House of Representatives on Thursday passed a budget plan that lays the groundwork for extending President Donald ...

President Donald Trump’s drive to enact trillions of dollars in tax cuts and raise the federal debt is on track after he and ...

The Republican-led U.S. House of Representatives on Wednesday postponed a planned vote on a measure that would advance ...

House Republicans will try to hoist their budget framework to approval despite grave misgivings from conservative GOP ...

The legislation advanced through the procedural hurdle in a narrow 216 to 215 vote, with three Republicans — Reps. Thomas ...

US President Donald Trump has made extending the tax cuts introduced by the 2017 Tax Cuts and Jobs Act a top priority this ...

House Speaker Mike Johnson found himself in a familiar jam on Tuesday: Conservative Republican holdouts are stalling action ...

The state Senate voted mostly along party lines to approve a bill that would trigger an income-tax cut if the state met ...

The Internal Revenue Service issued a memo last month that said victims of certain impersonation and investment schemes might be eligible for a tax break.

Texas has allocated $51 billion for property tax cuts, representing 15% of its two-year budget. This substantial allocation ...

Earlier in April, the IRS began layoffs that could end up cutting as many as 20,000 workers—25 percent of the total workforce— sparking concerns that the IRS won't be able to process tax refunds as ...

Several local leaders and tax experts offer mixed reviews on the impact of a recently passed historic income tax elimination.