Higher earners could benefit most from the tax bill in the short run, but future generations of all incomes would be 'worse ...

Just days after Congress cut federal funding to states, Mike Kehoe is poised to sign legislation projected to reduce state revenue by as much as a half-billion dollars annually.

That’s because the government’s definition of taxable income doesn’t track with true economic income, and this disconnect ...

President Donald Trump has unveiled a bold plan to significantly reduce or eliminate income taxes for millions of Americans earning under $200,000 annually.

As a 2024 candidate, Donald Trump promised to end the taxation of Social Security. Both the House and Senate versions of his "Big Beautiful Bill" would cut taxes for many Social Security beneficiaries ...

Today, the Prime Minister, Mark Carney, announced that as of tomorrow, July 1, the government’s middle-class tax cut will be ...

Trump’s “Big Beautiful Bill” is a sweeping tax-and-spending package with major implications for taxes, social programs, ...

Apple Inc. annual income statement. View AAPL financial statements in full, including balance sheets and ratios.

The legislation now heads to the House for possible final approval, though a handful of Republicans there have already voiced ...

And 37% of tipped workers make so little that they don't pay federal income taxes. WASHINGTON – The U.S. Senate on May 20 unexpectedly passed a bill to create a new tax deduction on tips worth ...

The bill proposes eliminating taxes on overtime pay and tips, but analysis suggests it primarily benefits high-income earners. President Donald Trump "One Big Beautiful Bill Act" was narrowly ...

Start with Your Budget. Last time, we talked about nailing down your retirement budget. For example, let’s say you’re spending $96,000 a year—some for basic needs, some for fun.