Donald Trump

He believes Republicans should be mindful of the effect of tax cuts on the growing national debt.

Hedge fund executive Scott Bessent, Apollo Global Management executive Marc Rowan and former Federal Reserve Governor Kevin Warsh remain among the leading contenders for the post.

If the incoming Trump administration eliminates the $7,500 federal tax credits for electric vehicles, that would mean the end of popular leases.

House Speaker Mike Johnson said Donald Trump's plan to end income tax on tips would have to be paid for, injecting a note of caution into one of the president-elect's key campaign pledges.

The numbers are getting murkier, and the politics with a slim majority in the House and the minutiae of Senate reconciliation rules look anything but easy.

The incoming GOP majorities in the House and Senate mean Trump can enact a tax bill without making concessions to Democrats.

The tax break offered to municipal bond investors is coming under threat as Republicans are closer to taking control of both the White House and Congress.

If your clients thinking of buying an electric car or an energy-saving heat pump eligible for federal tax credits and rebates, now might be the time.

The transition group is strategizing on how to pass another sweeping tax bill next year,

Although no Republicans voted for the measure two years ago, some of its incentives, such as tax credits for producing hydrogen and capturing carbon dioxide, are very popular with oil companies and other core GOP constituencies.

Next year will bring a major test with the upcoming expiration of many of the provisions from the Tax Cuts and Jobs Act.

The Internal Revenue Service may be facing steep cuts in its budget with the win on Tuesday night of President-elect Donald Trump.

Donald Trump is returning to the White House, and the U.S. economy is in for a wild ride.

The return of the former president to the White House gives him an opportunity to deliver on his many tax promises.

The election on Tuesday will have far-reaching economic consequences, ranging from how Americans are taxed to how the country trades with the world.

It's the latest in a series of tax breaks announced by the Republican nominee with the election only about a week away.

As Nov. 6 gets closer and closer, the accounting profession is leaning heavily Republican.

Donald Trump touted his pledge to provide tax breaks for purchasing cars, highlighting that the benefit would only apply to vehicles made in the U.S.

The idea, which the former president was asked about during an interview, could impact as many as 20 million taxpayers

Former President Donald Trump said his policies would inspire growth despite adding to the debt as he sought to assuage business leaders who worry his economic plans will fuel inflation.