Plus: A famous soccer coach is sentenced to prison for tax fraud, filing an amended tax return, smoking rates and sin taxes, ...

Around 10% of people itemize their deductions now, and they are typically wealthier. The other 90% take the standard deduction, which expanded in the 2017 Trump tax cuts and will get bigger under the ...

People are concerned over changes to gambling deductions and new taxes passed by Congress in the Big Beautiful Bill.

The post There Are Better Ways To Help Restaurant Workers Than No Tax on Tips appeared first on Reason.com.

A long-term investor in Apple (AAPL) might be perfectly thrilled at the stock's performance. It has returned 663% over the past 10 years, compared with a return of 261% for the S&P 500 SPX. And ...

Much has been made of Trump’s lock-step mastery of Congress, but House and Senate leaders still set the boundaries.

President Donald Trump signed his landmark tax and spending cuts bill into law on July 4, notching the first major legislative achievement of his second term.

EDITOR: “The rule of law.” Donald Trump and Attorney General Pam Bondi voiced that phrase to validate deportation policies.