President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's how the new law works.

President Donald Trump's "big beautiful bill" is now law. Here's when no tax on overtime and tips start in Washington state.

Notwithstanding the consent decree, it's an open question whether the US Supreme Court would go along with voiding the Johnson Amendment.

Because the deduction starts to phase out for single filers earning over $75,000 and married couples making over $150,000 — ...

Earlier this month, the Trump IRS announced in a legal filing that churches can endorse political candidates. That is directly contrary to federal law, which states that tax-exempt nonprofit groups, ...

There is no $2,000 stimulus check coming from the federal government in July or August 2025. No law has passed. No plan has ...

Lawmakers like a good acronym about as much they enjoy passing party-line fiscal packages via budget reconciliation.

Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...

The Internal Revenue Service is building a computer program that would give deportation officers unprecedented access to ...