Under the new rules, taxpayers who receive qualified tips—defined as voluntary cash or charged tips—in customarily tipped ...

New agreement passed by upper chamber extends federal funding through to end of January and allows time for further negotiations on range of issues, including Affordable Care Act subsidies ...

The IRS has released the inflation-adjusted tax brackets for 2025. See the new income thresholds, standard deduction amounts, ...

The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.

President Trump overstepped his authority when he sought to deploy National Guard troops to Portland, Ore., to protect the ...

A 2 percent wealth tax is like shaving off a fraction of a spire from a large cathedral, says economist Nancy Folbre.

Tax season is approaching. Tax breaks that were extended as part of President Trump's "One Big Beautiful Bill" will mainly ...