Tax Reform

Former President Donald Trump announced during a New York City campaign rally that he would support a tax cut for those caring for their aging parents.

Fox News Digital got an exclusive preview of House Speaker Mike Johnson's planned remarks to Wall Street, set to be delivered late afternoon on Tuesday.

In a rare move, the California Supreme Court on Thursday removed a measure that would have limited state taxes from the ballot, handing a win to Gov. Gavin Newsom.

States with budget surpluses like Florida, Idaho, Colorado, Virginia and others have proposed property, income or sales tax cuts to provide economic relief to families.

Americans for Tax Reform president Grover Norquist calls President Biden's proposed budget an "assault" on taxpayers' and small-to-medium businesses' bottom line.

Twitter users mocked the IRS's confounding rule about thieves and drug dealers needing to report the fair market value of any stolen property or drug income.

President Biden is expected to propose a series of major tax hikes on Thursday as part of his administration's plan to reduce the deficit over the next decade.

The National Association of Manufacturers is urging President Biden to call for the reversal of tax policy changes hurting the industry as he rolls out his new budget proposal.

President Biden is looking to increase taxes on those making more than $400,000 in an effort to boost funding for Medicare.

New rules requiring Venmo, PayPal and cash app to send 1099-Ks for transactions over $600 kick in next year, but Americans still must report side-hustles to the IRS.

Americans for Tax Reform President Grover Norquist warned millions of taxpayers will face a "disaster" scenario with the IRS' new rule on third-party payment apps.

European countries are debating whether oil companies making record profits because of the energy crisis triggered by Russia's invasion of Ukraine should pay additional taxes.

This year, 31 states have enacted some form of tax cut or rebate. Missouri and Idaho are likely to increase this number aiming to relieve constituents of high inflation.

IRS benefits from Democrat tax-and-spend bill. It gives the agency $80 billion and 87,000 new employees, but ordinary taxpayers will be the ones who suffer.

Sen. Joe Manchin, once again, poured cold water on hopes the Senate would pass President Biden's ambitious Build Back Better social spending plan.

The IRS will try to process over 133 million tax returns filed by individuals and businesses this year while also facing a backlog of returns.

Tax Day is a particularly dreary and unpleasant "holiday" this year.

The IRS needs technological upgrades and fewer responsibilities as taxpayers are left hanging.

House Republicans in a Wednesday letter called on the IRS to ensure Americans receive their tax refunds in a “timely” manner.

Build Back Better would make the Child Tax Credit permanently available to low-income families. But the trillion-dollar spending plan faces hurdles in Congress before it can be signed into law.