News

A provision in the GOP tax bill to require the IRS to screen taxpayers before they take a popular tax credit is doomed in its current form after the Senate’s referee ruled the provision doesn’t adhere ...
The GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.
President Trump's budget bill could make it much harder for working families to claim their biggest tax refund. The changes ...
Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to ...
A new provision in President Donald Trump’s proposed budget would eliminate taxes on tips and overtime pay, a move many ...
The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending ...
Senate Parliamentarian Elizabeth MacDonough responded to several challenges Senate Democrats made to provisions in the bill.
Wondering why is my tax return so low this year? Learn the most common reasons for smaller refunds and steps you can take to ...
While expenditures may be qualified investments for the Sec. 48D advanced manufacturing investment credit, related grant ...
Here's what it would look like for Iowa if those policies become law as part of reconciliation bill in Congress ...
New tax deduction — on auto loans, tips and overtime pay, and for older Americans — wouldn't deliver much of a financial ...