The Institute on Taxation and Economic Policy found more than 700 profitable companies paid less than half of the 21% ...
More than 100 of the largest and most profitable U.S. companies paid no federal income tax in 2025, including corporate ...
As Americans head to the polls, their list of grievances reads like a dispatch from the 1970s: an unpopular president, a ...
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Author’s note: The standard deduction amounts, state and local tax (SALT) caps, and maximum amount of the child tax credit have been updated to reflect retroactive changes, thanks to the One Big ...
NEW YORK — Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the looming deadline, start getting organized as soon as possible.
When 2025 draws to a close, so will many of the sweeping Trump-era GOP tax breaks established by the Tax Cuts and Jobs Act (TCJA) of 2017. While the legislation made some tax cuts to corporate profit ...
The battle over the billionaire tax proposal is playing out on social media where influencers, including parents and senior ...
New legislation eliminated the EV tax credit program on Sept. 30, 2025, making electric vehicle ownership more expensive. Anyone who bought an eligible used electric vehicle (EV) or plug-in hybrid ...
Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. This voice experience is generated by AI. Learn more. This voice experience is ...
Millions of workers could soon claim the "no tax on tips" deduction, which offers a tax break for returns filed in 2026. The provision in President Donald Trump's "big beautiful bill" allows certain ...
The IRS has given automakers a little more wiggle room around which electric vehicles will qualify for a federal tax credit worth up to $7,500. The change — which gives companies a few more years to ...