Congress passed the "big, beautiful bill" Thursday, cementing federal income tax cuts President Donald Trump championed ...

Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...

David Brancaccio: Now, remember, Congress made the tax cuts for corporations, as opposed to individuals, permanent in that 2017 law. So what's in this reconciliation package for businesses?

Lana Pol, president of Geetings, Inc., a trucking and warehousing company in Iowa, detailed what the 2017 Tax Cuts and Jobs Act (TCJA) have meant for her business. Tax savings created by the TCJA ...

Special government employee Elon Musk announced he's leaving the Department of Government Efficiency. But, what does that mean for the DOGE savings and possible dividend checks in 2025? The world ...

When someone cheats on those taxes, it can mean less money for programs that people rely on. The IRS notes that almost 70% of its revenue comes from employment taxes withheld from paychecks.

In a display of bipartisan unity, the U.S. Senate unanimously approved a "no tax on tips" bill, which would allow tipped workers earning up to $160,000 annually to deduct up to $25,000 in reported ...

Under the new tax bill passed by the House, the cap on state and local tax (SALT) deductions for tax filers would increase to $40,000 for incomes up to $500,000. The current limit of $10,000 is ...

Under the new tax bill passed by the House, the cap on state and local tax (SALT) deductions for tax filers would increase to $40,000 for incomes up to $500,000. The current limit of $10,000 is ...

The U.S. Senate passed the "No Tax on Tips Act" on May 20, a bill introduced by Sen. Ted Cruz of Texas that would create a tax deduction on tips worth up to $25,000. President Donald Trump ...