A federal deduction that could help affluent filers in high-tax states is once again up for debate.

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

Days before Republicans unveiled their sweeping tax cut plan, the chairman of the powerful Ways and Means Committee had one ...

House Republicans' tax bill will include significant relief for senior citizens, Ways & Means Committee Chairman Jason Smith ...

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...

Rep. Nick LaLota says raising taxes on top earners would help Trump get the votes he needs to pass his massive tax and ...

The IRS Direct File program could be canceled in favor of a public-private partnership if Congress passes Trump's one big, ...

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

A new Republican-backed tax bill in the House aims to end taxes on qualified tips. Strict rules determine who would be ...

Energy provisions of the “One Big Beautiful Bill” would cost our economy years of growth with 830,000 lost jobs, $1.1 ...

A new bill backed by House Republicans wants to extend the higher child tax credit President Trump instituted in 2017. The ...