House Minority Whip Rep. Katherine Clark (D-Mass.) joins 'Squawk Box' to discuss the economic impact of President Trump's ...

As natural disasters leave many Americans facing economic hardship, the tax code’s casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty ...

House Republicans have outlined a list of tax options aimed at reforming the U.S. tax code. Here is what taxpayers should ...

Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least ...

Thousands of bills have been filed to consider during the 2025 legislative session and a lot of them have to do with tax ...

The median annual cost, according to the study, is $22,850. Which is why, politicians have been talking about the Child Tax Credit in recent years, which could save families thousands of dollars. As ...

If you think your tax code on your payslip is wrong, you can claim back tax you've overpaid to HMRC - here's how ...

Penalty-free retirement distributions, casualty loss deductions and delayed tax filing and payments can all provide some ...

U.S. taxpayers with foreign income face a complex interplay of tax obligations, including the potential to offset foreign ...

On January 10, the US Treasury Department (Treasury) and the US Internal Revenue Service (IRS) released proposed regulations under Section 45W of ...

They will yet again have to make sense of a head-spinning array of new proposals, amendments and political fights before ...

On January 3, 2025, the Treasury Department and the Internal Revenue Service issued final regulations under Internal Revenue ...