The fine print on President Donald Trump’s “big, beautiful” tax and spending bill means “taxpayers have extra homework to do, ...

Related: How the IRS taxes Social Security income in retirement. The new tax break is welcome news for the over 66 million ...

WASHINGTON (AP) — A proposal by Republicans in Congress would allow President Donald Trump’s administration to remove the tax ...

Nixon plotted to use the IRS to target his political enemies. Congress passed a statute to prevent that.

Michigan lawmakers discussed the mechanics of a tax exemption that would put fetuses on par with children when claiming ...

State Rep. Gina Johnsen wants to help pregnant moms afford out-of-pocket medical expenses, such as doctor visits and prenatal vitamins.

On May 12, the House Ways and Means Committee released its draft portions of “The One Big Beautiful Bill,” the expected tax ...

On May 12, the House Ways and Means Committee released its long-anticipated reconciliation package—an expansive tax and spending bill aimed ...

For nearly 90 years, credit unions across the country have enjoyed tax exempt status as non-profit organizations.

Bloom said that revoking a university's tax-exempt status would be potentially devastating. "They would be on the hook for a range of taxes, both federal and state-income tax, local property tax ...

which is poised to become the first U.S. state to exempt capital gains from its income tax. Legislation that won final approval Wednesday would halt the capital gains tax this year for individuals ...

Below you’ll find a bill-by-bill breakdown of the tax-related provisions (cuts, refunds, rebates, credits, deductions, increases, or structural code changes) in the Fiscal Year 2025 budget bills.