S Corporation shareholders and partners in a partnership could see their effective federal income tax rate increase by 30% by the end of December 31, 2025, due to the expiration of certain tax laws.

A Senate bill would cut taxes for low- and middle-income earners while adding higher taxes on millionaires to offset the cost ...

A new Senate proposal would eliminate federal income taxes for some workers and reduce tax bills for millions of middle-class ...

As we approach the end of 2025, a significant shift is on the horizon for federal employees and all taxpayers across the country. The Tax Cuts and Jobs Act, enacted in 2017, is set to expire at the ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. The experience with the tax bill enacted at the end of President ...

The Senate unexpectedly passed the No Tax on Tips Act in a unanimous vote Tuesday, giving weight to the prospect of eliminating federal income tax on cash tips, which picked up political traction ...

Increases to the standard federal tax deduction implemented in 2018 were made permanent a year ago, and researchers are beginning to understand the downstream effects on state and local municipalities ...

Millions of Social Security recipients could see larger checks. Here's how.

Two laws enacted in 2025, President Donald Trump's "big beautiful bill" and the Social Security Fairness Act, may change beneficiaries' federal tax liability on their benefits. Here's how those ...