WASHINGTON (AP) — A tax on the endowments of America’s wealthiest colleges began during President Donald Trump’s first administration, collecting 1.4% of their investment earnings. Under Republican ...

Our Taxes Explained series aims to make tax policy clear and accessible. We want people to know what’s on the line and understand how Trump’s tax cuts are designed specifically to benefit the ...

A breakdown of TaxAct’s plans, pricing and features — and who the software is best suited for this tax season.

Republicans muscled President Donald Trump's tax and spending cut bill through the House on Thursday, the final step necessary to get the bill to his desk by the GOP's self-imposed deadline of July ...

Discover the impact of tobacco taxes on revenue and public health. Explore their pros, cons, and limitations in reducing tobacco consumption and funding healthcare.

Low-income seniors have new opportunities to reduce their tax burden this year. A new federal deduction allows qualifying ...

This analysis explains how employer-leased cars reduce taxable salary since only a prescribed perquisite value under Rule 3 is taxed instead of full lease cost. It highlights significant tax savings ...