Tax season is approaching. Tax breaks that were extended as part of President Trump's "One Big Beautiful Bill" will mainly ...

The Supreme Court began its highly anticipated consideration of President Trump’s sweeping blanket tariffs on Wednesday, with ...

An addition to the One Big Beautiful Bill Act is poised to impact big gamblers' tax bills as it reduces the amount of gambling losses they can claim from 100% to 90%. Dubbed a "phantom tax," this ...

Trump's tariffs act as hidden taxes, increasing government revenue but primarily burdening American consumers and raising inflation. Deficit reduction is achieved by combining spending cuts and ...

A tariff is essentially a government surcharge on products imported from other countries. It is a type of tax. Tariffs are paid by the companies that import the goods. In the case of U.S. tariffs, ...

One of New York City mayoral nominee Zohran Mamdani’s campaign promises has been to increase taxes on the wealthy and use that revenue to fund the ambitious social programs that make up his campaign ...

Some 'no tax on tips' occupations might surprise you: Podcasters, social media influencers, plumbers and house painters. The new, special tax break on tips is retroactive and applies to eligible tip ...

Taxes that make you pay a levy based on your assets – typically your net wealth – rather than your income from work. Such taxes used to be far more common globally than they are now. Sweden charged an ...

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