The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after ...

The Trump administration's tariffs are likely to boost U.S. manufacturing jobs and real income in a majority of states, but ...

When Michelle Lawrence heard about Medicaid cuts in the Republican tax and spending bill, it felt like “a punch to the gut.” ...

Shannon Ellis, head of the union that represents Kansas City IRS employees, said the Trump administration won’t even confirm ...

On July 4, 2025, legislation known as the "One Big Beautiful Bill" was signed into law. Learn about the 2025 tax changes here ...

Changes to the state and local tax (SALT) deduction in the so-called 'One Big Beautiful Bill' have this tax break in the ...

The new tax law keeps exemptions for the alternative minimum tax, but the increase in deductions for state and local taxes could result in more taxpayers getting hit with the AMT.

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

A chorus of health policy analysts and others warn President Trump's 'big, beautiful bill' will have "a devastating impact" ...

National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and tax changes.