A new federal bill promises to eliminate taxes on Social Security benefits for most retirees in the U.S. However, experts warn that the narrative might be misleading, creating false expectations among ...

Under the new tips deduction, employees and self-employed individuals can now deduct “qualified tips” received when filing their taxes, according to the IRS.

The Neighbourhood Initiative for Women Advancement (NIWA) has raised concerns over the potential impact of the newly enacted ...

Former Missouri congressman Billy Long was ceremonially sworn in as commissioner of the Internal Revenue Service on Friday in ...

This week in Washington, the Trump administration faced increasing political controversy over its handling of documents ...

Key Points The "big, beautiful bill" provides a deduction, but doesn't eliminate the federal tax on Social Security.The ...

President Trump will sign into law a new set of regulations for a type of cryptocurrency that are seen as a way to legitimize ...

The solar tax credit, plus other residential clean energy and energy efficient home improvement credits, are about to expire.

About two-thirds of U.S. adults expect the new tax law will help the rich, according to the poll from The Associated ...

Get the latest news on President Donald Trump’s second term in the White House and the Republican-led Congress.

Since 2017, taxpayers have been able to deduct interest on up to $750,000 worth of qualified home equity loans (if married, filing jointly); $375,000 if single or married, filing separately).