In 2026, student loan borrowers in the U.S. will face new tax challenges due to changes introduced by President Trump's tax reform.

The Republican-led House Appropriations Subcommittee proposes a significant cut to the IRS budget, sparking a heated debate ...

The Trump administration is warning of dire consequences if it cannot reverse the tax agency's recent staffing exodus.

The U.S. Internal Revenue Service (IRS) is at the heart of a heated political debate. A Republican proposal aims to ...

A House Appropriations subcommittee has passed legislation that would allocate $9.5 billion to the IRS for fiscal year 2026, ...

Several provisions of Trump's bill are poised to be retroactive to 2025 or take effect in 2026, and they may shift how ...

Under the 2017 tax bill passed under the first Trump administration, a cap was officially put on this deduction for the first time, limiting what taxpayers could deduct to $10,000. The cap is ...

Worth noting, however: Neither of the changes eliminates the requirement for small businesses, freelancers and contractors to accurately report all their earnings to the IRS on their own tax forms.

The government will raise exemptions for individual income tax by NT$4,000 to NT$101,000, standard deductions by NT$5,000 to NT$136,000, and special deduction for salary income by NT$8,000 to ...

According to Clear Start Tax, job loss doesn't just strain household income - it can create IRS debt from unreported unemployment income, early 401 (k) withdrawals, and untracked freelance or gig ...

Some Arkansas bettors will face changes with the 2026 tax rule, affecting win-loss deductions. Saracen Casino is monitoring its impact on key customers.