Let’s assume that a house destroyed by the fires had a $1-million market value and a $600,000 taxable value this year.

Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law.

"Tax return" and "tax refund" do sound similar, and you may've even heard someone say they've received their tax return from ...

The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...

Laws are in place preventing anyone claiming a child tax credit from getting their refund before a certain date, so how long ...

U.S. clean energy tax subsidies under President Joe Biden's signature Inflation Reduction Act will boost U.S. budget deficits ...

The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...

The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...

Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...

Canada’s foreign minister is warning Americans they will be paying a “Trump tariff tax” if President-elect Donald Trump ...

The tax deadline for some small businesses affected by severe weather in 2024 is drawing near, the IRS is reminding owners.

The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year.