News

One big, beautiful bill may not only change taxes — it could change how you file them
The IRS Direct File program could be canceled in favor of a public-private partnership if Congress passes Trump's one big, ...
Costly Loss for Sports Team Owners Embedded in Trump Tax Bill
The tax break came under fire after a 2021 ProPublica investigation based on leaked returns showed the shelter helped ...
How a new tax bill could cause bond yields to spike and stoke a fresh bout of market chaos
Any tax plan that grows the deficit and dents confidence in the US government's ability to meet its obligations could send ...
How much would Americans of different income save in taxes if the GOP bill is signed into law?
The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...
G.O.P. Tax Bill May Hurt the Lowest Earners and Help the Richest
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse ...
How the GOP Tax Bill Still Leaves Blue States Picking Up the Check
At the same time, their moderate counterparts desire greater tax relief for those states with higher state and local tax ...
Conservatives block Trump’s big tax breaks bill in a stunning setback
Conservatives have blocked President Donald Trump’s big tax breaks and spending cuts bill. House Republicans failed Friday to ...
Five ways the GOP tax bill could affect Michigan, including $1B state budget hit
Some Republicans in Lansing acknowledge the state can't absorb a major reduction in federally-funded programs.