Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 income taxes next year

But the reality is more complicated. Not all seniors will qualify for the deduction, and those most at risk of losing their homes—lower-income seniors and those with little taxable income—might see n...

The tax code is becoming charitable to many more donors thanks to changes in the new tax and spending law.

A YouGov poll found 53% of respondents oppose Trump’s big budget bill, with a plurality saying it will hurt the average American “a lot” and 56% saying that Medicaid should be given more funding.

A deduction to defray homeowners’ state income taxes and local property taxes is getting much more generous, following fierce debate among lawmakers in Washington. The focus on the write-off is now coming from homeowners deciding if they should use the deduction to their advantage for the first time in years.