But a purported X post from new Treasury Secretary Scott Bessent about abolishing the federal income tax isn’t authentic.

Elon Musk’s Tesla paid a total of $0 in federal income taxes in 2024, new tax reports show, despite the company having raked in billions of dollars in income and being the most valuable car company in ...

• Rep. Susan Collins has proposed a pre-filed HB 86 to create tax credits/incentives for donations to qualifying rural hospitals. The donations could be credited against one’s income tax, financial ...

Nebraska, North Carolina and Pennsylvania saw reductions in their corporate income tax rates on Jan. 1, while Louisiana became the third state to adopt permanent full expensing. Here are the top ...

It's never on anyone's to-do list to carefully look at all the statements they're receiving. Most tax filers either hand those documents over to a professional or, if they are do-it-yourselfers, ...

A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ...

Your tax return could trigger an IRS audit if you skip key tax forms, experts say. Here’s a checklist of forms and when to ...

In this episode of Tax Notes Talk, Tax Notes investigations editor Lauren Loricchio discusses security concerns regarding tax ...

Filing your taxes for the first time? Here’s everything you need to know, including the necessary forms, how to report your income, your filing status, and your filing options.

The scheme to dodge tax on the yachts - and other secrets of the sanctioned oligarch's corporate empire - is laid bare in ...