The IRS has issued guidance on how millions of US workers can claim deductions on cash tips and overtime income for the 2025 ...

WASHINGTON, June 29 (Reuters) - U.S. Senate Republicans pushed President Donald Trump's sweeping tax cut and spending bill forward on Sunday in a marathon weekend session even as a nonpartisan ...

Investors in nations with tax regimes that the US deems unfair would face higher tax rates on income earned in the US if the tax bill that’s making its way to the Senate becomes law. A section of the ...

WASHINGTON, DC - MARCH 21: A seal for the Department of Justice is seen on a podium ahead of a news conference with U.S. Attorney General Merrick Garland at the Department of Justice Building on March ...

Have you heard about the 2025 tax and spending megabill that President Donald Trump signed into law on July 4? This new law (Public Law 119-21 and referred to by Trump as the “big, beautiful bill”) ...

The sales tax deduction lets you deduct the state and local sales taxes you’ve paid throughout the year, but only if you itemize your deductions. If you live in a state with no income tax or have made ...

Congress’s own official tax scorekeeper is predicting a “revenge” tax buried in Donald Trump’s massive fiscal package would realize Wall Street’s fears and drive foreign investors away from US markets ...

This alert describes the persons who would be subject to the changes contained in Code Section 899, the consequences of being subject to this proposed new Code section, and some of the impacts this ...

US fossil fuel giants produce most of their oil and gas domestically but pay billions more in taxes overseas than they do at home because of subsidies that have only grown during President Donald ...