President Donald Trump on Friday signed into law his sweeping tax cut and spending package, what he’s called the “big, beautiful bill,” in a Fourth of July ceremony packaged with patriotic pomp and ...
Roughly a third of the revenue boom resulted from Trump’s unprecedented, near-universal tariffs on imports. Yet more than half of the revenue increase came from rising wages and realized capital gains ...
WASHINGTON—Large companies are running into a problem as they try to claim some of the tax cuts that the Republican Congress passed this summer: They can’t escape the corporate tax increase that ...
While the holidays are still several weeks away, ’tis the season for year-end tax planning. That may not sound particularly festive — but it could pay off nicely. The One Big Beautiful Bill Act, the ...
Treasury Secretary Scott Bessent said Sunday that President Donald Trump’s proposed $2,000 “tariff dividend” for most Americans might take the form of new or expanded tax cuts rather than direct ...
Manufacturing executives say the Canadian government should take inspiration from Donald Trump’s tax cuts to help businesses remain competitive as they face cost pressures and uncertainty from US ...
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. By Jesse Drucker Jesse Drucker has ...
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