The new IRS interpretation came after decades of debate and, most recently, lawsuits from the National Religious Broadcasters ...

The Fair Bet Act, introduced by Representative Dina Titus (D), hopes to restore the 100% deduction for gambling losses.

Michigan, the top state for IRA-funded clean energy projects in 2024, faces uncertain future as new legislation rolls back incentives.

Some who work for tips might have been disappointed to find out that the no tax on tips portion of the Big Beautiful Bill ...

The impact of the massive spending bill that President Trump signed into law is expected to filter down to infants and ...

The bill cuts $230 billion from SNAP over the course of 10 years. Sen. Angus King said 32,000 Mainers are expected to lose ...

The ATO is taking legal action against founder of popular gym chain Derrimut 24:7 Nikolaos Solomos, over an alleged ...

Overtime hours and tips are lagniappe for some, but for others, they help them survive. Now, you might not have to pay taxes on either.

A new $6,000 federal tax deduction reshapes how Social Security recipients are taxed, but not all seniors will see the same relief under the law.

Here’s what polls showed of Trump's approval rating after the president’s mega tax and spending bill was passed by Congress ...

Democrats, however, can’t wait to discuss the highly unpopular legislation with their constituents.

Tucked inside the so-called “Big Beautiful Bill” is language that will increase offshore oil and gas royalties shared between Washington and Gulf Coast states. Originally passed in 2006, the Gulf of ...