The Fair Accounting for Income Realized from Betting Earnings Taxation, or FAIR BET bill, would return the 100% tax write off for gambling losses status quo. The impact of the gambling losses tax ...

In a major victory for the Trump administration, Congress passed the "big, beautiful bill" Thursday afternoon, one day before its self-imposed July Fourth deadline.

The bill's passage is *** key victory for President Donald Trump and GOP leadership who persuaded enough Republican holdouts to vote in favor of the big beautiful bill.

Here's what to know about the provision of the 'Big Beautiful Bill' that would end taxes on overtime, tips.

Vice President J.D. Vance cast the tiebreaking vote to pass the "Big Beautiful Bill," which now heads back to the House.

An updated draft of the Senate’s megabill text slashes tax incentives for wind and solar energy — and adds a new tax on future wind and solar projects. The initial draft released by Senate ...

Billionaire Elon Musk on Saturday criticized the latest version of President Donald Trump's tax and spending bill released by the U.S. Senate, calling it "utterly insane and destructive," weeks ...

Republican leaders advance their modified version of Trump's bill, despite resistance from conservatives and moderates over Medicaid changes and other divisive policy tweaks.

Oregon Democrats’ ambitious transportation funding bill is dead, a stinging defeat for the majority party on its most pressing goal of the 2025 session. According to four sources within the ...

An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new tax increases” on passthrough business including CPA firms.

President Trump’s megabill makes many Republicans uncomfortable, but that probably won’t stop it from becoming law.

The legendary journalist believed that speaking truth to power was the essential underpinning of an embattled American experiment.