Death and taxes are the only inevitables in life, but Americans are clamoring for reform and would like to stick a fork in the complexities of the U.S. tax code. President Trump has promised numerous ...

The tax code changes add a $6,000 deduction for taxpayers over 65 years old with a phaseout for taxpayers earning more than ...

Federal tax code overhaul under the One Big Beautiful Bill Act delivers sweeping changes for individuals and businesses, ...

The incoming mayor has proposed increasing taxes on large companies and on New Yorkers earning over $1 million.

With the passage of the One Big Beautiful Bill (OBBB), below is a summary of notable changes to the tax code for businesses, as well as an outline of notable changes for individuals. The Qualified ...

As small business owners prepare and file their taxes, there is growing anticipation of how tax reform, including additional tax relief and extension of the Trump tax cuts, will impact this and future ...

The U.S. tax code is filled loopholes — credits, write-offs, exceptions and exemptions. This complicated system is costly and time-consuming for taxpayers. And it’s pretty unique to the U.S. In 1962, ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. If Trump’s tariffs in the year 2025 have taught us anything, it is that tax policy ...

Republicans' massive tax-and-spending bill limits income and cuts off tax breaks for undocumented immigrants - 'but that's the point,' the bill's supporters say Los Angeles is one flashpoint in the ...

The House of Representatives wants to see the Opportunity Zone program continue for a few more years. The Senate wants it to live on indefinitely. The Senate Finance Committee’s tax and spending bill ...