Yes, the due date for your 2025 federal income tax return is still months away. But the go-getters among us are already thinking about our 2026 federal tax returns. It’s never too early to begin ...

Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold ...

The National Academies of Sciences, Engineering, and Medicine are private, nonprofit institutions that provide expert advice on some of the most pressing challenges facing the nation and world. Our ...

Issuing a paper check costs about 50 cents, according to the Treasury Department. The cost drops down to less than 15 cents per electronic transfer. Tax law experts note that those who could struggle ...

Gov. Gavin Newsom said last week that California is unable to replace the expiring $7,500 federal tax credit for electric vehicle buyers. What happened: After a celebratory morning signing a sweeping ...

SALEM, Ore. (KATU) — Following the passage of H.R. 1, also known as the "One Big Beautiful Bill," Oregon Gov. Tina Kotek instructed state agency leaders to "leave no stone unturned to save taxpayer ...

The reconciliation bill passed by the U.S. House of Representatives has numerous adjustments that would impact retirement and workplace benefits for federal workers, whether they’re newly hired or ...

After years of sustained advocacy, the One Big Beautiful Bill Act marks the largest and most consequential federal victory ever for educational freedom and school choice. While advocates’ attention ...

New York State’s revenue could feel the impact of the new federal tax law as soon as next year unless it decouples its tax code from federal law, according to a report from State Comptroller Thomas ...

WASHINGTON — Whether the federal government shuts down operations in two weeks could hinge on Republicans agreeing to extend an Obamacare tax credit that helps about 300,000 working people in ...

The federal government's budget deficit reached $2 trillion for the current fiscal year as the deficit has widened by nearly $100 billion from last year. The nonpartisan Congressional Budget Office ...

A pair of lawmakers from gaming-friendly states are taking another bipartisan shot at repealing a longstanding federal tax on sportsbooks. On Friday, U.S. Sens. Catherine Cortez Masto, D-Nev., and ...