Government taxation and revenue

Politics

Parents could see $5,500 boost to earned income tax credit under new Democratic measure

State Sen. Kristen McDonald Rivet addresses supporters of her campaign for Congress during a primary election night watch party in

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Politics

State of the Union: Trump to announce plans for new tax cuts through budget reconciliation

President Donald Trump speaks during an event to honor “Angel Families” who have lost family members to crimes committed by

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Business

Tax season presents a boom-or-bust test for U.S. auto sales

Customers at a Ford dealership in Richmond, California, April 16, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT

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Politics

Treasury cancels Booz Allen contracts after employee leaked Trump tax records; stock falls

Treasury Secretary Scott Bessent on Monday said he had canceled all Treasury Department contracts with the consulting firm Booz Allen

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Small Business

Trump’s ‘No tax on tips’ could be end of large-group service fees on restaurant bills

Many restaurants may need to rethink their mandatory gratuity policies if they want this income to count as qualified tips

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Small Business

Business to sell? Trump’s new tax law offers owners on Main Street more lucrative way to

An exit sign is seen above U.S. President Donald Trump as speaks with reporters aboard Air Force One. Saul Loeb

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Small Business

Why a capital gains tax change in Trump’s new bill may be boon to business founders, early

When it comes to tax planning by business owners on Main Street, many aspects of President Trump’s One Big Beautiful

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Small Business

Biggest Trump tax cut benefits for small business owners to keep more income on Main Street

President Trump’s One Big Beautiful Bill passed over the summer, but the tax benefits have barely begun. Many Main Street

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Finance

Trump ‘big beautiful bill’ gives top 1% biggest tax cuts in these states

Speaker of the House Mike Johnson, R-La., speaks to reporters as he walks back to his office as the House

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Finance

Why Trump tax deductions — for tips, car loans and more — may not carry large benefits for

Senate Majority Leader John Thune (R-SD), flanked by Sen. John Barrasso (R-Wyoming), Sen. Mike Crapo (R-Idaho) and Sen. Lindsey Graham

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