New 2026 gambling tax limits loss deductions to 90%, raising taxes for bettors. Learn how Congress is responding and what ...

WASHINGTON — Just eight states are on track to allow their residents to cash in fully on popular tax cuts from President Trump’s marquee legislation in 2026, experts told The Post, with several blue ...

Michigan Governor Gretchen Whitmer signed House Bill 4961 into law on Oct. 7, 2025, decoupling the state from the five provisions of the federal One Big Beautiful Bill Act. Immediate deduction of ...

EXCLUSIVE: Second lady Usha Vance worked to ensure a provision limiting the use of cellphones in Department of Defense Education Activity (DoDEA) classrooms was included in the National Defense ...

The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for this year. So it’s worth having the rundown of ...

Treasury Secretary Scott Bessent said American households will see "very large refunds" in the tax filing season early next year following policy changes under the One Big Beautiful Bill Act (OBBBA).

FIRST ON FOX: Treasury Secretary Scott Bessent on Wednesday criticized several Democrat-led states for refusing to adopt key provisions of President Donald Trump's landmark One Big Beautiful Bill Act ...

Treasury Secretary Scott Bessent criticized blue states that have declined provisions in the One Big Beautiful Bill Act, accusing them of playing the Grinch against citizens’ Christmas tax relief.

The IRS on Thursday issued three notices about its intent to publish proposed regulations on changes to international tax law provisions in H.R. 1, P.L. 119-21, commonly known as the One Big Beautiful ...

The qualified small business stock exclusion has been a compelling federal tax incentive for channeling capital into emerging companies. With the enactment of recent tax legislation, particularly the ...

A major tax package signed on July 4 is set to deliver new deductions to millions of Americans, but residents in several states and Washington, D.C., won’t see the same savings on their state returns.

House Speaker Mike Johnson confirmed Sunday that his chamber will take a vote later this week on eliminating a provision in the spending bill that ended the government shutdown, which compensated GOP ...