Trump could order the Treasury Department to properly define a "capital gain" as any increase in the value of a stock or ...

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

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

Donald Trump and the GOP's so-called "Big Beautiful Bill" guts Medicaid to give tax breaks to the rich, but the legislation ...

New analysis shows wealthy tax evaders could escape scrutiny while middle-class taxpayers face increased burden.

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

Are you a parent? The so-called ‘One Big Beautiful Bill’ (OBBB) impacts several key tax incentives that can affect your ...

The budget bill championed by Trump could complicate next year’s tax filing season after the IRS lost one-quarter of its employees through staffing cuts. That's what an independent watchdog says ...

Fresh off passage of the “One Big Beautiful Bill,” several conservative organizations and Republican lawmakers are preparing ...

Retired professor Larry White says the email message he got on July 4 from the Social Security Administration was unlike any ...

Qualifying Americans 65 and older are eligible for a deduction of up to $6,000 under the new law. If an individual’s income exceeds $75,000, the deduction is phased out. (For couples filing jointly, ...

President Trump's 'big, beautiful bill' makes tax cuts permanent, with lower rates, business expensing, and no tax on tips or ...