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 ...

If you are like our clients whom we call Midwestern Millionaires — hardworking, frugal, diligent savers — the One Big Beautiful Bill (OBBB) is a hot topic right now. While OBBB might seem like just ...

Under the Republican Party's 'One Big Beautiful Bill,' a new deduction for charitable contributions emerges, offering a 'above-the-line' benefit. This means even if you use the standard deduction, you ...

American companies will be exempt from penalties related to a 2021 global minimum tax deal that President Trump opposes. By Alan Rappeport and Colby Smith Alan Rappeport covers the Treasury Department ...

Tax season isn’t even close, but now is the time to start planning to take advantage of new provisions in the massive tax and spending bill that became law earlier in July, experts say. “Everyday ...

A competing tax plan on the Chattanooga City Council's agenda next week would result in layoffs across departments, scaled-down constituent services and the elimination of accounting and internal ...