Federal Tax Ombudsman (FTO) has unearthed a new kind of strange activity by a telecom operator involved in the issuance of ...

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...

Understanding how federal and state taxes apply to your benefits can help you keep more of your money. Here’s what you need ...

U.S. Federal Reserve Vice Chair Philip Jefferson on Wednesday said he is content to keep the central bank's policy rate in ...

At a rally this month in Las Vegas, President Donald Trump pledged to work with Congress to end taxes on tips.

In the United States, many retirees are caught off guard when they discover that their Social Security benefits may be ...

and “the extent to which the [expanded] credit exceeds income tax liability constitutes federal spending, not a reduction in taxes.” He reaches this conclusion by not counting federal payroll ...

such action could lead to reduced federal funding to states,” the analysts wrote. Gianforte argued Thursday that further tax cuts are possible this year thanks to the way his administration has ...

Here’s a rundown of the main topics he discussed. Federal spending, tax cutsMoran said he hopes Congress will reduce federal spending by $2.5 trillion over a 10-year period, and while spending ...

IRS Direct File is back again this year with significantly expanded eligibility despite confusion over whether Elon Musk had “deleted” it. (He didn’t.) ...

Fed’s hawkish stance and potential reduction in rate cuts for 2025 have unsettled markets. Read more on market expectations, ...