On July 4, the One Big Beautiful Bill Act (OBBBA) was signed into law. The OBBBA is a broad reconciliation bill comprised of various measures impacting revenue, spending, taxes and the debt limit.

The D.C. Council voted to block tax breaks on tips and overtime pay, which were introduced in Trump's One Big Beautiful Bill ...

More people won't be able to afford health insurance if lawmakers don't renew enhanced premium tax credits, which are set to expire at the end of this year. Hunter found alive after going missing for ...

HARRISBURG — The clock is ticking for Congress to extend enhanced health care tax credits slated to expire this year for more than 100,000 enrollees in the commonwealth. “The longer it takes for there ...

The California Film Commission has allocated $335 million in film tax credits to 52 movie productions, Gov. Gavin Newsom announced on Tuesday. This includes $38.4 million for The Daniels’ next film, ...

Trina Paul is a Breaking News and Personal Finance Writer at Investopedia, covering topics like retirement, consumer debt, and retail investing. She focuses on making complex financial topics ...

After the Commercial Clean Vehicle Credit (Section 45W) expired on September 30, the “experts” rushed out predictions of an EV sales slowdown in Q4. But, with over 6,800 pages in the Internal Revenue ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ.

The Internal Revenue Service Thursday released the updated tax brackets for the 2026 tax year. Changes to the standard deduction, earned income tax credit, estate tax credit, and more were also ...