President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's how the new law works.

Staffing shortfalls and intricate new policies are complicating efforts at the Treasury Department and IRS to meet President Donald Trump’s tight deadlines for churning out guidance on his multi-trillion-dollar tax bill.

The 2026 tax year ought to be fun A quarter of the Internal Revenue Service's IT staff has departed since President Trump's workforce reduction efforts began earlier this year, and that has officials worried the 2026 tax season could be a mess.

More than a dozen schools across the nation are expected to fall under the top tax rate, including Harvard and MIT in Massachusetts.

NextEra Energy Inc. says it’s started construction on a spate of new clean energy projects, work it expects will qualify the firm for tax credits that are being phased out under President Donald Trump’s new tax-and-spending bill.

A new report from the Michigan House Fiscal Agency highlights expected state budget impact from less-scrutinized changes in the "big, beautiful bill."

Japan will invest $550 billion in the U.S. and allow the U.S. to tax Japanese goods sold in America at 15 percent.