United States

The U.S. Department of the Treasury announced today that December 2024 revenue collections totaled $4.732 billion, marking a $130.1 million…

A controversial gambling tax change quietly inserted into former President Donald Trump’s sweeping economic legislation is now facing bipartisan scrutiny…

The IRS has issued a firm deadline for designated officials managing Business Tax Accounts (BTAs): accounts must be revalidated by…

The debate over capital gains tax reform has gained renewed urgency as economic analysts highlight a significant but often overlooked…

Federal Investment Tax Credit Raised from 25% to 35% for U.S. Semiconductor Manufacturing Projects Micron Technology is poised to receive…

Merging irrevocable trusts remains a viable strategy—when implemented in compliance with GST tax rules. In a significant development for estate…

In a landmark decision impacting local taxation across Missouri’s cannabis industry, the Missouri Supreme Court ruled 6-1 on Tuesday that…

Donald Trump revealed this week that he is weighing a new tax break aimed at exempting homeowners from capital gains…

Acting Texas Comptroller Kelly Hancock has confirmed that the state’s Biennial Revenue Estimate (BRE) for fiscal years 2026–2027 remains unchanged,…

Workers, seniors, and families set to benefit from sweeping updates beginning tax year 2025 The IRS has released detailed guidance…