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Tax Policy

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Trump Calls Soaring Gas Prices "Peanuts" as Critics Say He Is Out of Touch

May 19's remark triggered renewed fact-checking and bipartisan backlash over high pump prices with policy options offering little direct relief.

Taxpayer Advocate Urges Protective Filings After Covid-Era Ruling on IRS Penalties

Fifth Circuit Says State-Law Status Controls 'Limited Partner' Definition for Self-Employment Tax

Trump Says Tariff Revenue Could Let U.S. ‘Almost Completely’ Cut Income Tax

Employers Overhaul Payroll Systems as Overtime and Tip Deductions Take Effect Under OBBBA

States Weigh Participation as First Federal Tax-Credit School Choice Program Takes Effect

Senate Republicans Plan to Lower SALT Deduction Cap, Prompting House Revolt

House Passes $40,000 SALT Deduction Increase as Bill Moves to Senate

U.S. Senate to Deliberate 3.5% Remittance Tax Passed by House

Senate Faces GOP Divisions Over $40,000 SALT Deduction Cap Proposal