News

Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who benefits
The $40,000 cap would begin in 2025, with the same $500,000 income phaseout, and both figures would rise by 1% annually from ...
Senate GOP removes tax on solar and wind energy but dismantles climate law passed by Democrats
The sprawling Republican budget bill approved by the Senate Tuesday removes a proposed tax on solar and wind energy projects ...
EV group urges US House to restore electric vehicle tax credits
An electric vehicle advocacy group on Tuesday urged the U.S. House to revise a bill passed by the Senate that would end the ...
Socialist mayoral candidate Zohran Mamdani under fire for plan to tax 'richer and whiter neighborhoods'
Socialist Zohran Mamdani, the presumptive Democratic nominee for New York City mayor, is facing criticism over a campaign ...
Senate passes Trump’s big tax breaks and spending cuts bill as Vance breaks a 50-50 tie
Senate Majority Leader John Thune says Republicans “got the job done” in passing President Donald Trump’s big bill of tax ...
Map Shows States Where Drivers Will Pay Higher Gas Tax
Millions of motorists across the U.S. will see a gas tax hike starting Tuesday. Here's where fuel taxes are rising.
Tax preparers at Grand Prairie company sentenced to 105 months in federal prison for tax fraud
Four tax preparers from Texas whose fraudulent returns for clients cost the IRS more than $7.5 million were sentenced to 105 ...