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 ...

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 ...

Taxpayers who requested an automatic six-month extension to file their 2024 federal income tax returns earlier this year still have to get their paperwork in by Wednesday, notwithstanding the federal ...

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Trump’s One Big Beautiful Bill Act (OBBBA) specifically favors seniors, employees who earn tips and overtime and those with children. Here’s an example: Casey and Riley earn a combined income of ...

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...

The Trump administration’s "big beautiful bill" sparked a late-summer flurry for new residential solar systems on Long Island as homeowners scrambled to take advantage of an expiring tax credit that ...

As the federal government shutdown approaches a month in length, the fight over access to health care for Americans is at the center of the standoff between Republicans and Democrats. Democrats want ...