A bill in Congress would allow U.S. citizens residing abroad to elect out of being taxed on their U.S. income.

A final Senate vote is expected June 30 on Trump's legislative package of tax cuts, Medicaid cuts and new border security.

As a 2024 candidate, Donald Trump promised to end the taxation of Social Security. Both the House and Senate versions of his "Big Beautiful Bill" would cut taxes for many Social Security beneficiaries ...

According to the latest IRS data, Americans owed more than $157 billion in back taxes, penalties and interest for the 2022 ...

GOP tax and spending bill would create a tax deduction for workers in tipped occupations. But not all would lower taxes for ...

Millions of immigrants in the U.S. illegally pay taxes. But do they pay more to the government than multibillion dollar ...

The Senate has proposed numerous changes to the "One, Big, Beautiful Bill" that the House narrowly passed. The Senate's ...

Available numbers show that immigrants in the U.S. illegally paid more in taxes in recent years than Amazon, General Motors, IBM and Netflix combined. But there are some caveats to that, including ...

There are plenty of provisions in the massive tax bill known as the One Big Beautiful Bill Act that lawmakers are hotly ...

Republicans in the House and Senate are struggling to agree on key parts of Trump’s tax bill, including tax cuts, immigration ...

The property tax deduction is great for homeowners. Here's how it works in 2024 and 2025 and what you can do to save money.

A tax deduction reduces your taxable income and how much tax you owe. ... Luckily for them, they have retained some of the tax deductions that wage earners lost in the 2017 tax reform law.