For many Americans, offering a $60,000 gift to pay for a child’s wedding probably isn’t something to worry about from a tax ...

When an elderly, cash-strapped couple considers a proposal to sell their house to neighbors, several big questions loom.

There are other tax changes happening next year that could put more money in your paycheck. If you collect Social Security, you'll receive a 2.5% cost-of-living-adjustment in 2025. The Earned Income ...

The GOP has a tough task ahead: dealing with a looming financial crunch in Washington. Key parts of the 2017 Tax Cuts and Jobs Act (TCJA) will expire, adding to ...

Kansas state revenues will drop after the sales tax on food was eliminated this year. More cuts could take us back to a bad ...

Discusses Treasury regulations for 831(b) microcaptive transactions issued 1/14/2025 re listed transactions and transactions ...

Every day, when the bell rings at her middle school in Queens, young Tendas packs her school bag and heads to her dance ...

Plus: Relief for taxpayers impacted by wildfires, itemizing deductions, civil forfeiture programs, Direct File, Tax Cuts and ...

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Senate ...

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

U.S. clean energy tax subsidies under President Joe Biden's signature Inflation Reduction Act will boost U.S. budget deficits ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...