News

Budget office says Trump's tax law will add $3.4 trillion to deficits, leave 10 million uninsured
That's a slight increase compared with a prior estimate from the Congressional Budget Office that had been made just before ...
Trump's new tax deduction on auto loans has major limitations: What car buyers should know
President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's ...
Trump Tax Law to Add $3.4 Trillion to US Deficits, CBO Says
President Donald Trump’s recently enacted tax and spending law will add $3.4 trillion to US deficits over a decade and leave ...
Trump announces trade deal with Japan that lowers threatened tariff to 15%
The 15% tax on imported Japanese goods is a meaningful drop from the 25% rate that Trump, in a recent letter to Japanese ...
Trump's sweeping law increases child care tax credits. Here's how much and who benefits.
She said she was constantly cobbling together child care plans when her nanny fell through, to "not be the person who kept calling out" at work. Foster's husband is a physician and she ...
Activists try to preserve IRS’s Direct File now that Trump has ended it
The program offered free tax filing for two years before Republicans shut it down. Now a small group hopes to save the code ...
Stephen Colbert got tangled in the ‘Trump transaction tax’ — and it affects all investors
How the Trump transaction tax is a trap. Excitement after the 2024 election for an M&A boom has given way to a new reality, ...
Trump's 'no tax on tips' sparks questions for workers: 'We're looking at a crystal ball,' expert says
President Donald Trump's "big beautiful bill" includes a section for "no tax on tips." Now that the provision is enacted, ...