The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a ...

A federal judge struck down part of Maryland’s digital ad tax law that barred companies from showing the tax to consumers, ...

With 30 tax provisions set to expire at the end of 2025, the tax liabilities for family farms could increase at a time America’s farm families can ill afford any additional hits to the budget.

Taxpayers are taking a second look at the Taxpayer Cuts and Jobs Act of 2017. Some—but not all—of those provisions are set to expire in 2025. And while some changes are welcome, some—like limits on ...

WASHINGTON — A provision in the GOP’s tax and spending bill that makes it easier to get gun silencers, rifles and shotguns violates Senate rules and has to come out, the Senate rules referee said ...

The One Big Beautiful Bill Act (the OBBBA), Pub. L. No. 119-21, was enacted July 4, 2025. The OBBBA makes numerous changes to the United States Internal Revenue Code of 1986 (the Code). Fulfilling a ...

WASHINGTON -- At some 940 pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations. Now ...

The deadline for public comment on the proposed No Tax on Tips rule is this week. Restaurant industry groups say the rule ...

Americans may see a boost in next year’s refunds in part due to provisions in President Donald Trump’s “big, beautiful" ...

Republicans are set to drop one of the most controversial elements in their plan to steeply hike annual taxes on private colleges’ and universities’ annual investment income: the exclusion of ...

ALBANY, N.Y. (NEXSTAR) — New York’s 2025 to 2026 budget cuts taxes for many households while adjusting the rates for other tax scenarios. It creates a one-time inflation refund for eligible earners ...