Democrats broke the cycle with the 2022 Inflation Reduction Act signed by President Joe Biden. The law, which passed both the ...

As Republicans take power, they’re trying to figure out what happens when Donald Trump changes his mind on legislative ...

Senate Republicans, waiting for their House counterparts to figure out their strategy on border security and tax reform, are ...

We’ve been told all our lives that America is a land of equal opportunity. We’ve been told that everyone has an equal chance of getting ahead — of landing a good job, making decent money, having a ...

In this episode of Tax Notes Talk, Tax Analysts Chief Operating Officer Jeremy Scott reviews the 2024 developments in U.S. tax legislation and speculates what may lie ahead in 2025.

Extending all of the 2017 tax law could add close to $5 trillion to the national debt. To offset the cost, Trump and ...

Donald Trump's election with Republican majorities in Congress likely means less funding for tax enforcement. That will hurt ...

Crapo says extending current policy, like the tax cuts from Trump’s first term that are set to expire at the end of this year, shouldn’t cost anything. Nor should what he calls “pro-growth” provisions ...

Rep. Thomas Massie is the most notorious of the GOP’s right-wing rebels, emerging as the only Republican who refused to support House Speaker Mike Johnson in this last week’s leadership election ...

WASHINGTON (AP) — The IRS boosted taxpayer services through Democrats’ Inflation Reduction Act but still faces processing ...

Already, Trump is publicly bashing Rep. Chip Roy (R-Texas), an influential member of the House Freedom Caucus, because of his opposition to Trump’s call to hike the debt limit without cutting spending ...

Republicans cheer them for limiting government. Unfortunately, neither side tends to point out that an adequately funded IRS is good for the U.S. economy. Years of IRS underfunding have led to a ...