In 1986, the break disappeared from the tax code along with numerous other carve-outs as part of a sweeping reform signed into law by President Ronald Reagan. Nearly 40 years later, the auto-loan ...

That includes a $500 increase to the child tax credit and a $1,000 bonus to the standard deduction, as well as Mr. Trump’s pledges to not tax tips or overtime pay. Cutting taxes, temporarily ...

Trump's 'One Big Beautiful Bill,' with a bigger child tax credit, is moving through Congress. See what may be in it for you and how to plan for it.

A plan for a hefty new tax on university endowments was crafted to target “woke” schools, lawmakers said. But a small Kansas college and a Texas medical school might also be hit.

President Trump's tax policies in the "big, beautiful bill" would add $3.8 trillion to the national debt, according to a CBO analysis, as the GOP aims to extend 2017 tax cuts and add new deductions.

The purpose of this note is to provide a framework for improving tax policy design in fragile and conflict-affected states, which face political and institutional constraints. This note begins with an ...

People making more than $500,000 would see an aggregate tax cut of about $170 billion in 2027, the report shows, compared to $59 billion for those earnings between $30,000 and $80,000. Filed under ...

President Donald Trump says his tax bill, which won approval from a key congressional committee on May 18, would lower taxes for all Americans.. It's “increasing take-home pay for the typical ...

Deportation fears trigger decline in tax filings in immigrant communities. Amid a Trump administration agreement to allow the Department of Homeland Security access to sensitive IRS taxpayer data ...

US President Donald Trump’s proposed One Big Beautiful Bill Act includes a provision for a 5% tax on remittances sent abroad, which would affect NRIs who are not US citizens, significantly ...

House committee approves tax portion of GOP budget plan, including potential Medicaid, SNAP cuts 07:03. As a Republican-backed bill moves ahead in the House, proposed tax cuts under the measure ...

House Republicans on Monday unveiled one of the most critical pieces of President Donald Trump’s domestic agenda: How it plans to spend trillions of dollars on tax breaks.