Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the ...

The IRS is losing a third of its workforce while abandoning complex tax cases worth millions in revenue. This staffing crisis creates a system where wage earners face automatic verification while ...

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

When Michelle Lawrence heard about Medicaid cuts in the Republican tax and spending bill, it felt like “a punch to the gut.” ...

The IRS faces a challenging 2026 tax season due to significant staff reductions. Experts warn that these cuts could severely ...

CBS News reports that tipped workers earning up to $150,000 (or $300,000 for couples) can deduct up to $25,000 in tips per ...

WASHINGTON—Congress expanded opportunities for taxpayers to postpone, minimize or avoid capital-gains taxes in President ...

Fresh off passage of the “One Big Beautiful Bill,” some anti-tax advocates hope to push the administration to change how taxable capital gains are calculated.

The ambitious tax reform bill, dubbed the 'One Big Beautiful Bill,' promises sweeping changes to the U.S. tax landscape. With ...

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 ...

Donald Trump signed his 'big beautiful' tax and spending bill into law July 4. Here are the five biggest winners and losers: ...

Eliminating taxes on Social Security benefits is missing from President Trump’s tax overhaul. Here’s why and what an ...