The new deduction also has income limits that phase out the deduction as owners earn more. The limit for single filers is $100,000 of adjusted gross income, and $200,000 for those married filing ...

During a Senate Finance Committee hearing several weeks ago in June, Senator Michael Bennet (D-CO) got into a heated exchange with Treasury Secretary Scott Bessent over Donald Trump's 2017 tax cuts in ...

The staggered nature of President Donald Trump’s One, Big, Beautiful Bill Act means its full impact will not be seen for ...

More than 30 Arlington residents met at the police South District Service Center to learn more and ask questions about the ...

President Donald Trump is threatening to seize control of New York City. But the city may face even bigger problems from Trump’s policy agenda than the military marching through Central Park or Times ...

While just a fraction of Republicans in Congress are holding town halls during the August recess — in-person and virtual — the questions from voters, and answers from lawmakers, strike a similar tune.

The new tax law President Trump and congressional Republicans passed this summer drastically reduces taxes on the wealthiest, slashes essential spending, ...

Indian Prime Minister Narendra Modi urged the country on Friday to move towards more self-reliance, manufacture everything ...

Exclusive: PM urged to conduct a ‘radical change of direction’ as the government attempts to plug gaps in the public finances ...

Harris County leaders say property taxes aren’t going up, but they still need to close a $200 million gap. Here’s what’s next ...

Cuts in funding don’t change counties’ obligations to their residents. They will have to figure out how to raise new revenue, ...

London is bearing the brunt of the UK’s jobs slowdown as a combination of tax rises, elevated wage costs and weak consumer spending force the city’s business to cut payrolls faster than in the rest of ...