From sweeping tax legislation and aggressive trade policy to rising borrowing costs and legal challenges, Trump’s first year ...

The Organization for Economic Cooperation and Development has finalized a deal exempting U.S. multinational corporations from ...

Tax filers who choose the SALT deduction must forgo the standard deduction — which the new law raises by $750 for tax-year ...

A tax wedge is the difference between before-tax and after-tax wages. It also refers to the market inefficiency that is created when a good is taxed.

Treasury Secretary Scott Bessent said the exemption marked a victory for U.S. businesses over "extraterritorial overreach." ...

The push for tax collection comes as Russia's growth has slowed to a near standstill nearly four years after its full-scale ...

Taxpayers could be stretched to new limits in 2026 as key but complicated new tax breaks kick into place on 2025 federal ...

Eliminating state income taxes sounds great to many voters, but Republicans backing the push in multiple states still face ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

A range of changes in individual tax rates and breaks could boost household war chests in early 2026 through a combination of ...

The tax bracket income levels for 2026 are increasing by 2.3% and new tax breaks could allow you to keep more take-home pay.

U.S. multinational companies will be exempt from paying additional corporate taxes in a deal reached by the OECD, a global ...