Expanding the Low-Income Housing Tax Credit could make a successful program even better—and address a major crisis.

Locked in its embrace of tax-cutting orthodoxy, the GOP has no credible way to address the country’s looming fiscal crisis.

Maryland Governor Wes Moore (D) recently enacted his first state budget, which includes higher state income tax rates for ...

For the IRS, the US Internal Revenue Service, the rules for filing income, estate and gift tax returns and paying estimated ...

The state’s current fiscal year budget estimate, which runs July 1, 2024 through June 30, 2025, is $7,600,100,000. With two ...

Gambling provides a lot of taxable revenue for the United States. In 2024, record profits meant more money was paid in gambling tax. We discuss this in the article below.

The domestic policy bill passed by the House raises the maximum child tax credit to $2,500. But about a third of children ...

The tax bill before Congress would partially exempt the U.S. Virgin Islands from a law meant to crack down on tax havens, ...

The head of Bermuda’s Corporate Income Tax Agency has played down fears that new American legislation could threaten much of ...

Reuters.com is your online source for the latest news stories and current events, ensuring our readers up to date with any ...

The House-passed budget reconciliation bill promoted by the Trump administration would benefit higher earners at the expense ...