The IRS said it was firing people they deemed not "critical" to tax filing season. Employees said the cuts will impact tax returns and enforcement.

Trump this week came down firmly in favor of House Republicans' plan for a single sweeping bill, which includes extending ...

A Senate committee has advanced legislation to reduce the Mississippi state income tax and the sales tax on groceries while raising the gasoline tax ...

The budget plan the Senate passed before dawn on Friday leaves large hurdles for President Donald Trump’s tax cut agenda and ...

LONDON (Reuters) - British businesses are cutting staff at the fastest pace in more than four years ahead of a tax increase ...

President Trump is remaking the tax code to favor the well-off even more, and cloaking these changes in a veneer of ...

President Trump’s tariffs could save each American hundreds of thousands of dollars throughout their lives if accompanied by ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

India last year announced a policy aimed at attracting Tesla to manufacture EVs in the country and let such foreign carmakers ...

A factor in the policy argument is that the bulk of repeal benefits would flow to higher-income taxpayers and reduce revenue to the federal treasury.

The hours-long “vote-a-rama” rambled along in a dreaded but crucial part of the budget process, as senators considered one ...

A House framework would extend President Donald Trump’s 2017 tax cuts through a bill to keep the government funded.