Taxes

As Republicans prepare to extend the 2017 Trump-era tax cuts that are currently scheduled to expire at the end of the year — or make them permanent — a new analysis by the Treasury Department finds

National Taxpayer Advocate Erin M. Collins told lawmakers today that the Internal Revenue Service has made significant progress in improving taxpayer service but warned that “continued funding is

Donald Trump’s unwavering faith in the power of tariffs was on display again this week as he threatened to use import taxes "at a very high level" against Denmark in his quest to acquire Greenland

President-elect Trump has vowed to impose a new slate of tariffs on imported goods as part of an effort to boost domestic production, raise federal revenues and punish competing nations, but the exact

With President-elect Donald Trump set to take office in two weeks, Republican leaders are speeding ahead with plans to quickly enact their sweeping agenda. Just how they hope to accomplish it —

The outcome was uncertain until the final moment, but Republicans on Friday succeeded in electing Mike Johnson to a new term as speaker of the House, kicking off the 119th Congress and a new era of

Sen. Josh Hawley is calling for the Child Tax Credit to more than double in value, rising from the current maximum of $2,000 per child to $5,000 per child annually. Parents would be able to claim the

The House Freedom Caucus said Friday that it wants the new Congress to quickly pass a reconciliation bill focused on border issues and then move on to a second, more complicated bill that addresses