News

IRS workforce losses pose growing risk to businesses amid tariff-driven tax complexity
Diana Shaw of Wiley Rein LLP discusses the reduction in workforce at the IRS as detailed in a report by the Treasury ...
Starmer doesn't rule out tax rises to pay for welfare concessions
During the same session of Prime Minister's Questions, Chancellor Rachel Reeves was seen crying - a spokesperson says it was ...
GOP tax bill includes a $6,000 ‘senior deduction.’ Here’s who qualifies.
The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...
Trump megabill axes $7,500 EV tax credit after September
Lawmakers would eliminate a $7,500 tax credit for households that buy or lease new EVs, as well as a $4,000 credit for ...
The First Income Tax in the Persian Gulf Signals a Changing Economic Reality
A plan by Oman is being closely watched by other governments in the region that are preparing for a future beyond oil.
Factbox-What's in the Republican tax and spending plan?
The Republican-controlled Congress on Wednesday could pass a sweeping budget package that would fulfill many of President ...
No tax on tips sounds great until you explore the history—as many will soon discover
Zohran Mamdani, a left-wing politician who would soon win a shocking victory over Cuomo in the Democratic primary, worked the ...
GOP Plan Would Allow Larger Tax-Free Wealth Transfers
The measure, embedded in the sprawling One Big Beautiful Bill Act currently moving through Congress, would raise the ...