The GOP extended and increased the higher gift and estate tax exemption and affected AMT thresholds. What might this mean for ...

Zohran Mamdani wants Ken Griffin to pay more tax on his Central Park penthouse. We break down what it means for homeowners ...

President Donald Trump’s Big Beautiful Bill will bring some big changes to families’ budgets especially come tax time.

Another way to reduce your taxable income is by contributing to a traditional IRA. The maximum contribution is $7,000 in 2025 ...

Senate parliamentarian deals blow to GOP plan to gut consumer bureau in tax bill It signals a tough road ahead as GOP leaders push it toward floor vote next week by Trump’s Fourth of July deadline.

The GOP plan to change the pay schedule for employees at the Federal Reserve, saving $1.4 billion, was also determined to be in violation of the Byrd Rule.

In Tennessee, CapWealth has hired Blake Harrison as executive vice president of wealth management, adding new tax planning depth as the $1.7 billion firm shifts toward a multifamily office model.

The cuts would average about $100 billion. Updated estimates based on tax bill section drafts created by the and the Senate Health, Education, Labor and Pensions Committee are not yet available.

However, some tax breaks look different in the Senate and House versions of the legislation. The Senate bill, for instance, raises the nonrefundable Child Tax Credit to $2,200 starting in 2025 ...