The federal bill reinstates asset limit evaluations for seniors and disabled individuals in Medi-Cal applications or renewals ...

West Virginia Senator and former state governor Jim Justice agreed earlier this week to pay over $5 million in back taxes.

A federal law created in 2017, called the Tax Cuts and Jobs Act, lowered federal income taxes in various ways. But most were ...

An informal proposal from President Trump to redirect tariff revenue to stimulus payouts could have dire consequences for the ...

Some industry members say the conviction of Lucas Sirois puts legitimate cannabis businesses at risk. Prosecutors say ...

A federal indictment charges U.S. Rep. Sheila Cherfilus-McCormick of Florida with stealing $5 million in federal disaster ...

In this week's Ask the Editor Q&A, Joy Taylor answers tax questions on the 20% deduction for qualified business income or QBI.

Borrowers who recently became eligible for student loan forgiveness will not have to pay taxes on discharged loans, the Trump administration has confirmed. The Department of Education said last week ...

Elizabeth Guevara is a journalist working to explain the world of business and economics and how it impacts your finances. She joined Investopedia in 2024 as a breaking news writer covering personal ...

Raising income taxes for wealthy Americans is the most popular way of reducing the federal debt, according to the latest Gallup poll. The survey, conducted in September, asks Americans whether they ...

New York has been hit with a slew of federal funding cuts and clawbacks in the past month: $18 billion in infrastructure funding for the Hudson tunnel and Second Avenue subway, $34 million in ...