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Republicans aim to pass the tax package through a process that wouldn't require any Democratic votes.

President Trump's tariffs would effectively cause a tax increase for low-income families more than three times higher than what wealthier Americans would pay.

President Donald Trump said he is open to the idea of higher taxes on millionaires but worries that a levy increase could hurt the party.

Trump's remarks are likely to pour cold water on discussions about creating a new 40% tax bracket for people earning $1 million or more.

A dozen states are challenging the presidents "immense and ever-changing" global tariffs in court, alleging they amount to a massive tax on American consumers..

Former Treasury Secretary Lawrence Summers said the Trump administration's moves to downsize the IRS are likely to incentivize reduced tax-payment compliance.

The university sued several U.S. agencies and top officials for freezing billions of dollars in federal funding and threatening its tax-exempt status.

Studies on the "buy, borrow and die" strategy and state-level taxes reveal the complexities involved with extending the Tax Cuts and Jobs Act by the end of 2025.

"I'm so glad tax season is over!" is a phrase often heard from accountants. Why would anyone would say this?

White House officials are preparing executive orders that would strip some environmental nonprofits of their tax-exempt status.

Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, to lead the IRS, after Gary Shapley had been installed without Bessent's knowledge.

The university pushed back against the U.S. government after President Donald Trump said the school should lose its tax-exempt status.

Harvard's tax-exempt status affords the school a variety of benefits, such as not having to pay traditional property taxes on educational buildings.

If you were designing a CPA practice from scratch, what would you do about tax season? Keep it as is, make some changes or possibly eliminate it?

The highest average tax rate on imports in more than a century could raise prices and stunt economic growth.

The legislation blocks a rule that would have forced some cryptocurrency brokers to provide tax information on transactions on their platforms.

President Trump' and congressional leaders successfully corralled House Republican lawmakers to approve a Senate-passed budget outline.

The first wave of layoffs and others in the works will reduce enforcement. But the smaller ranks will still carry out "a rather grueling examination," an expert says.

President Trump's so-called reciprocal tariffs are dealing a thunderous blow to the world economy as he pushes forward efforts to drastically reorder global trade.

President Donald Trump rejected a European Union proposal to drop tariffs on all bilateral trade in industrial goods with the U.S.