The Trump administration quietly announced Thursday that it is abandoning a Biden-era effort to close a loophole that allows large business partnerships to repeatedly manipulate the value of their ...

GOP state lawmakers pass reforms that reduce top marginal rates, move to flatter income tax codes, and ultimately end state ...

Billions of dollars in differences between the House and Senate, and including the DeSantis, House brawl, cloud odds of an on ...

President Trump’s policies have shaken the markets. Protect yourself first, and, only then, take advantage of investment ...

Social Security has been running deficits since 2021, and the losses are projected to persist indefinitely unless lawmakers ...

Harvard University’s finances have become the latest target of the Trump administration – and experts say the hits could hurt ...

What we discovered is stunning. Low- and middle-income earners experienced the largest percentage decline in their tax bills ...

The Trump administration has taken aim at programs intended to boost electric vehicle adoption, but for now, consumer tax ...

Steve Bannon issued a warning to President Donald Trump against extending tax cuts for the wealthy. Newsweek reached out to the White House for comment via email on Thursday.

Data shows that even in wealthy congressional districts, the average person isn’t much affected by the state and local tax ...

The university, like many colleges and charities, is exempt from property and federal income taxes, saving it billions of ...

Congress has passed a budget resolution that includes extending expiring tax cuts for middle- and upper-income taxpayers, ...