New York, Illinois, and Colorado have opted out of tax relief measures included in Trump's One Big Beautiful Bill Act.

The Internal Revenue Service last month released its annual inflation adjustments for tax year 2026, raising federal income ...

The U.S. Senate has passed the Filing Relief for Natural Disasters Act, a bipartisan bill sponsored by Sens. John Kennedy, R-La., and Catherine Cortez Masto, D-Nev., that would expand federal tax ...

The relief allows farmers who had to sell livestock earlier than planned to defer taxes on capital gains from those sales or ...

Sen. Wyden and colleagues introduced a bipartisan bill to extend tax relief for wildfire victims, aiming to make current tax exemptions, set to expire in 2025, permanent.

California and New Jersey are two of the states that would benefit from a SALT deduction increase. A new tax deal in Washington could bring long awaited relief to homeowners in high tax states—all it ...

KANSAS CITY, Mo. — Following days of debate on Capitol Hill, the final vote to pass President Donald Trump's mega-spending bill was a close call in the U.S. House. While some of the bill's provisions ...

Older Vermonters are now among the millions of retirees nationwide who stand to benefit from a major federal tax change. Under the One Big Beautiful Bill, a new senior tax deduction will phase out ...

The American Rescue Plan Act of 2021 will make most student loan forgiveness tax-free until 2025, then borrowers may owe thousands in taxes.