Fears of a 'tax cliff' in 2026 have been averted. Learn how the permanent extension of the Tax Cuts and Jobs Act (TCJA) ...

A provision that would have given federal officials control of pipelines did not make it in the budget bill that passed the U.S. House. Iowa Congresswoman Ashley Hinson says it was a concern. “My ...

The AICPA endorsed 10 tax provisions recommended by the House Ways and Means Committee for the budget reconciliation bill that Congress is compiling, while urging changes to two items. The language in ...

Congress has a decision to make. Hang American small business owners out to dry, or lock in a tax system that allows America’s entrepreneurs to thrive? That’s the question Congress must answer when ...

WASHINGTON − What happens in Vegas will be staying more with the IRS from now on. That’s because of an obscure provision to reduce the tax deduction for gambling losses, which Congress recently ...

MADISON, Wis. — President Donald Trump's campaign promise to eliminate federal taxes on tips has become reality in his budget bill, so what will it mean for Wisconsin's more than 50,000 tipped workers ...

Preston is a research fellow for tax policy in The Heritage Foundation’s Grover M. Hermann Center for the federal budget. Congress has a decision to make. Hang American small business owners out to ...