President Donald Trump pledged to revoke the so-called electric vehicle mandate, and an executive order on day one of his ...

The tax bill would codify a provision currently set to expire later this year, and features support from more than 200 ...

Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least adjusted for inflation.

The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will ...

Social media has been abuzz with claims from influencers that Donald Trump has changed the tax code, preventing child support recipients from claiming ...

Wisconsin Sen. Ron Johnson pushed through a massive tax cut for the rich in Trump's first administration. Now he aims to make ...

Accelerated depreciation "could be a very cheap way of increasing the housing supply," said Richard Green, a USC professor.

CREATE MORE improved the EDR by increasing the allowable tax deduction for power expenses from 50% to 100%. Considering the ...

As President Trump takes office, one of his first agenda items is to slash taxes on corporations and the rich. The results ...

Congress is now engaged in negotiations to renew the Tax Cuts and Jobs Act (TJCA), with the year-end expiration of many ...

On Thursday, the Ennis Town Commission was set to decide whether to form an advisory group to look at the feasibility of establishing a resort tax in the commun ...

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 6, 2025 – January ...