Under the final iteration, the so-called Trump accounts are custodial individual retirement accounts for kids, with special ...

Here’s a closer look at some of the major tax breaks that are slated to disappear and how that could impact your taxes.

Colleges and universities will also take a hit, as will taxpayers who depend on Medicaid, food assistance and owe money on ...

The law permanently extends major provisions of 2017’s Tax Cuts and Jobs Act, including lower tax rates, larger standard deduction, child tax credit and full business expensing deductions for ...

President Donald Trump signed his new tax law on July 4, which included a provision that creates and funds investment accounts for babies born in the next few years. The accounts will be allowed to co ...

The IRS will have much less of a view into how much income small businesses and independent contractors make because there ...

A CNBC Special Report looks into the possible impacts the “one big, beautiful” bill could have on higher education, ...

Parents can contribute up to $5,000 per year per kid into a Trump Account. This figure will be indexed to inflation starting ...

Rebecca Lester, senior fellow and associate professor of accounting at Stanford University, says tax provisions for R&D in ...

A tax deduction offered to employers for takeout meals and company-provided cafeteria meals will expire at the end of this year thanks to a provision in the so-called "Big Beautiful Bill", which ...

A small provision added to President Donald Trump’s “One Big Beautiful Bill Act” — that came to light days before the ...

Sen. Catherine Cortez Masto sought unanimous consent for the FAIR BET Act, but Sen. Todd Young objected to the bill.