The U.S. government has issued final regulations significantly limiting the situations where a corporation will be liable for the 1% corporate ...

President Donald Trump's proposal to send households up to $2,000 a year from tariff revenue is being sold as a simple way to ...

The Internal Revenue Service (IRS) and U.S. Treasury Department have issued final regulations (T.D. 10037) (Final Regulations ...

The Trump administration is moving to shut off a little understood but politically explosive corner of the tax code, ...

The Treasury Department and Internal Revenue Service this week opened a sweeping public comment period on a new federal tax ...

The move to keep many immigrants from accessing certain federal tax credits appears to have already been in the works.

If you received tips or overtime in 2025, this new deduction could reduce your federal tax burden significantly.

The Treasury Department moved to block illegal immigrants from federal benefits and financial system access as part of a ...

A federal initiative could reshape how families approach K–12 education costs as states weigh whether to participate.

Whether an extra round of federal relief hits bank accounts before the holidays will depend less on wishful thinking and more ...

Amid the national government’s tamed spending, the Marcos administration posted a budget surplus of over P11 billion in October, primarily fueled by a larger decline in expenditure than revenues, ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...