U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
CBO sees US 2025 deficit flat at $1.9 trillion before any Trump tax changes
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...
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If You're Claiming the Child Tax Credit in 2025, When Will You Get Your Tax Refund?
Laws are in place preventing anyone claiming a child tax credit from getting their refund before a certain date, so how long ...
Mississippi House passes $1.1 billion income tax elimination-gas and sales tax increase plan
A bill that phases out the state income tax, cuts the state grocery tax and raises sales taxes and gasoline taxes has passed ...
Do you itemize? Trump's Congress could raise the cap on the SALT tax deduction in 2025
Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...
US clean energy tax subsidies to cost $825 billion over 10 years, CBO says
U.S. clean energy tax subsidies under President Joe Biden's signature Inflation Reduction Act will boost U.S. budget deficits ...
Supreme Court blog publisher Tom Goldstein, a high-stakes poker player, indicted on tax charges
The publisher of a prominent blog about the Supreme Court has been indicted in a multimillion-dollar scheme to evade federal ...
Senate GOP rejects House conservative pitch on corporate tax rates
House conservative proposals to raise corporate taxes to offset the cost of President-elect Trump’s tax package are going ...
Brazil final tax rate slightly higher than the one approved by Congress, special tax secretary says
The final version of the Brazilian tax reform sanctioned on Thursday by Brazil President Luiz Inacio Lula da Silva is ...
100,000 more Pennsylvania seniors received property tax and rent rebates last year
The number of seniors who qualified for Pennsylvania’s property tax and rent rebate grew by more than 100,000 following an ...
Tax Breaks: The Money, Treasury, And Internal Revenue Service Shakeup Edition
Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...