House Republicans released their long-awaited budget resolution Wednesday, which will allow up to $4.5 trillion to be added ...

President Donald Trump made a campaign promise to lower prices on Day One. Well, it’s Day 24, and as anyone who has gone shopping for eggs lately knows: Prices aren’t any lower than they were on ...

Trump later rolled out plans to abolish federal taxes on overtime and Social Security benefits — along with a variety of other reforms, such as scrapping the $10,000 cap on the amount of state and ...

Several tax breaks, including the Child Tax Credit, may face reforms or be cut entirely as lawmakers seek revenue for Trump’s ...

President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.

President Trump laid out the important tax provisions that he wants accomplished this year by Congress in a meeting on ...

What will the tax implications be for CPA clients and practice owners? Where are interest rates headed? What about inflation?

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...

A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ...

Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.

Trump signed proclamations raising the U.S. tariff rate on aluminum to 25% from his previous 10% rate and eliminating country ...