City passes a 44-cent rate on first reading, which would quadruple current amount, though numbers can still change.

Congressional Republicans are laying the groundwork for a tax cliff at the end of President Trump’s term in office. While the conference is pushing to make the 2017 Trump tax cuts permanent ...

Federal estate taxes apply only to the wealthy, with estates exceeding $13.61 million in 2024, and most states do not impose either tax, so unless you're reading this from your inherited mega ...

Harris County Judge Lina Hidalgo recently floated holding a tax rate election to help bridge a projected $270 million budget gap. If approved by voters, officials could raise the property tax rate ...

If the bill passes, it would lift the tax on investment income for some of the biggest endowments from 1.4% to 21%, in line with what U.S. corporations pay. Other schools would see their taxes ...

Senators passed the “No Tax on Tips Act” in a unanimous vote Tuesday, sending the legislation to the House in a win for President Donald Trump, who campaigned last year on removal of taxes on ...

A "big, beautiful tax bill," as it has been titled, is making its way through Congress. But how big and beautiful is it for you? In a big win for President Donald Trump, the bill won approval from ...

As expected, following the Fairfax County Board of Supervisors' approval of the FY 2025 Budget Mark-up Package on April 30, the Board adopted the FY 2025 Budget on May 7, with the board’s nine ...

A plan for a hefty new tax on university endowments was crafted to target “woke” schools, lawmakers said. But a small Kansas college and a Texas medical school might also be hit. By Stephanie ...

The No Tax on Tips Act would introduce a new tax deduction of up to $25,000 for tips, with certain restrictions. It was introduced in January by Texas Senator Ted Cruz, along with a bipartisan ...

President Trump's tax plans have faced a bumpy road in recent days, with Republican leaders aiming for a vote in the House of Representatives before Memorial Day, even as trillion-dollar pieces of ...

WASHINGTON — In a surprise move, the Republican-led Senate quickly passed the No Tax on Tips Act on Tuesday, giving its official stamp of approval to an idea that has gained traction since ...