The Internal Revenue Service last month released its annual inflation adjustments for tax year 2026, raising federal income tax brackets and standard deductions to offset rising costs. The changes, ...

Permanent tax cuts, a higher SALT deduction and new relief for seniors, families and small businesses may help ease rising ...

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

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 ...

Trump's decision to move marijuana to Schedule III could ease taxes and expand medical access, but industry leaders warn it ...

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.

Four states will give residents tax relief payments in 2025, as inflation and rising living costs strain household budgets.

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 ...

In a party-line vote, the Legislative Council voted to reject a tax conformity legislative request from Sen. Jeff Timberlake, R-Androscoggin. Sen. Timberlake’s proposal would conform Maine fully to ...