A gambling loss tax deduction change in Trump’s “Big Beautiful Bill” is causing an uproar. Here’s what you need to know.

President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's how the new law works.

Because the deduction starts to phase out for single filers earning over $75,000 and married couples making over $150,000 — ...

The next tax-filing season — for 2025 taxes — might be one to remember, but not for reasons taxpayers would prefer. While ...

Earlier this month, the Trump IRS announced in a legal filing that churches can endorse political candidates. That is directly contrary to federal law, which states that tax-exempt nonprofit groups, ...

President Donald Trump should follow up on his historic “big, beautiful” tax bill with an extra booster shot for the economy by immediately indexing the capital gains taxes for inflation. There is a ...

If America’s various religious groups become indistinguishable from political campaigns, what will they offer their congregants?

The Internal Revenue Service is building a computer program that would give deportation officers unprecedented access to ...