South Carolina, North Dakota, Montana and Idaho — are adding tax breaks for qualified tips, car loan interest, overtime ...

Dec 29 (Reuters) - A see-saw year for the U.S. economy in 2025 looks set to give way to a stronger 2026 thanks to tailwinds ...

More than 70% of the net tax cuts will go to the richest fifth of Americans in 2026. Only 10% will go to the middle fifth, ...

The One Big Beautiful Bill Act became law less than six months ago, but several major changes to the tax code have already taken effect.

Lawmakers across the U.S. will be debating whether to adopt new federal tax breaks for tips, overtime and business expenses ...

President Trump and Republican lawmakers passed their major tax-and-spending cut bill earlier this summer, faster than almost anyone else in Washington, D.C., was expecting. Now, they’re planning ...

President Ronald Reagan pushed massive tax cuts through Congress shortly after taking office in 1981. But when the country’s budget started bleeding red ink, Reagan reversed course and raised taxes in ...

For those skeptical that a simple tax reform could lead to more homes on the market and lower home prices, it helps to look at the last time the capital gains tax was reformed. The 1997 Taxpayer ...

Lawmakers worked this year to address Texas' property taxes by increasing the tax break homeowners get on their property — ...

Before President Trump took office, he talked a lot about Social Security. In fact, he made numerous promises and proposals during his campaign that would affect retirement benefits.  Those promises ...

When Missouri lawmakers voted on the bill, the tax cut was estimated to reduce revenue by about $111 million annually. Now ...