Trump’s “big beautiful bill” includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise ...

By any traditional economic measure, the case for more tariffs on Brazil doesn't exist. In 2024, the U.S. ran a $7.4 billion ...

The New York Yankees are expecting a premium would be imposed by a division rival in potential trades for several good fits.

U.S. manufacturers secured the business tax provisions they’d hoped for in Donald Trump’s budget megabill, but the ...

The Indian government's net direct tax collection fell 1.3% year-on-year to 5.6 trillion rupees during the April 1-July 10 ...

Both the tips and overtime deductions phase out at higher incomes. The range is wide for tips—$150,000 to $400,000 for single ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...

The bill, ushered through Congress by Republican leadership and signed by Trump Friday, includes $4.5 trillion in tax cuts, ...

Senate Republicans are rejecting an attempt to reverse a provision from their new tax law that changes the taxation of ...

Under prior law, taxpayers could deduct gambling losses up to the extent of their winnings from their taxable income. A ...

By hiding the true cost of this bill, Republican lawmakers preserve the illusion that they are fiscal conservatives even as ...

The German upper house of parliament approved on Friday a first tax relief package worth 46 billion euros ($53.73 billion) ...