Could A Boost In The Standard Deduction Kill The Mortgage And Charitable Deductions? The House Ways & Means Committee may be about to approve a...

Representatives Nicole Malliotakis (R-NY) and Michelle Steel (R-CA) have introduced the Working Families Tax Cut Act to increase the standard deduction – which would increase...

A major property tax cut proposal for seniors has New Jersey’s legislative leaders at odds with the governor as the state tries to wrap up...

We still have some time before an artificial intelligence (AI) tool like ChatGPT can prepare our taxes, as my TPC colleague Robert Weinberger reminds us...

Now that Congress has passed the Fiscal Responsibility Act (FRA) of 2023 , it isn’t too soon to start thinking about the mess lawmakers have...

What policymakers give, policymakers can take away. Nine months after Congress enacted President Biden’s proposal to boost the Internal Revenue Service’s 10-year budget by $80...

The “Chicken Tax” is a 25 percent tariff on imported light-trucks that was first imposed in 1964, in response to tariffs levied by some European...

House Speaker Kevin McCarthy (R-CA) and President Joe Biden reached an agreement over the weekend to limit spending for a small fraction of the federal...

In case you’ve somehow missed the flurry of articles describing the dramatic advance of artificial intelligence, we appear to be at the dawn of a...

Republican leaders in Congress have refused to raise the federal debt limit unless the Biden Administration agrees to major spending reductions to reduce the national...