News

Trump Tax Plan Gains Momentum in House as It Heads to Floor Vote
President Donald Trump’s signature economic package took a major step toward becoming law when the House Ways and Means ...
Trump Admin Gets a Win as Judge Allows IRS to Share Tax Data With ICE
The IRS has faced internal turmoil over the Trump administration's push to broaden access to taxpayer information.
Trump-backed tax bill would expand child tax credit, establish ‘MAGA accounts’ for kids
An expansion of the child tax credit and new “MAGA savings accounts” for children are among the proposals in President Donald ...
Trump’s Tax-Cut Draft Masks the True, Giant Threat to US Debt
The cost of Republican lawmakers’ draft plan for sweeping tax cuts weighed in at $3.8 trillion over the next 10 years in one ...
IRS criminal investigators in Chicago being ‘deputized’ as immigration enforcers under Trump administration plan
The Trump administration’s refocusing of federal resources on immigration has landed at the Chicago office of the IRS’s ...
Trump's 'big beautiful bill' would officially kill the IRS's free direct-tax filing tool
Republicans have wanted to end IRS Direct File for years, calling it wasteful and an example of government overreach.
Trump’s tax hike on millionaires is back on the table—but experts say it won’t make a dent in the ultra-rich
The richest sliver of Americans now own a record share of the wealth, and tweaking income taxes is unlikely to change that.