Americans got bigger tax refunds following passage of the One Big Beautiful Bill Act, but deficits rose, and the social ...
The 870-page package, which passed the Senate 51-50 on a tiebreaking vote by Vice President JD Vance on July 1, 2025, and ...
Gov. Gavin Newsom on Tuesday signed off on legislation that would levy a 100% California tax on payouts from Trump's $1.8 ...
As we celebrate America's 250th birthday this week, our nation is stronger with President Trump at the helm— a leader who believes that people who work ...
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their ...
The Internal Revenue Service (IRS) announced a tax safe harbor (Revenue Procedure 2026-25) on June 29 for certain individual ...
President Donald Trump is threatening a 100% tariff on imports from any country that imposes a tax on digital services ...
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IRS says Trump Account contributions will not trigger annual gift tax reporting requirements
Parents, guardians and others who contribute to a Trump Account will not be required to file a gift tax return, the IRS and ...
Trump Accounts, a new federal savings and investment vehicle for children, went live on July 4. To date, more than 6 million ...
There’s a strategy that could help turn these new investment accounts into tax-free vehicles in retirement, some experts say.
With contributions set to begin July 4, new IRS guidance gives qualifying individual donors a path to avoid filing a gift tax ...
As one key Democratic member of Congress summarized, “It is hard to imagine a more backwards use of taxpayer money.” ...
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