A Roth conversion means investors pay taxes on the converted balance. While this can be a smart strategy in some cases, there ...

About 180,000 families will face a 0.5% increase to their effective marginal tax rate, Budget night papers reveal. Although these families will still be better off thanks to other tax credit changes, ...

The era between the start of the Clinton administration and the end of the Obama one was not a libertarian/globalist free-for ...

Households in the top 0.1% would reap more than $390,000 in tax savings, according to one analysis of the tax and spending ...

Republicans got a fiscal bill through the House on Thursday. It’s a complex piece of legislation that includes tax cuts, ...

Last Friday, the credit rating of the United States was downgraded. Moody’s, the ratings firm, announced that the U.S. government’s rising debt levels will grow further if the Trump Republican package ...

The GOP’s budget bill exposes Trump’s ‘working-class party’ rhetoric as phony. It also gives Democrats a massive health care ...

Sweeping legislative changes are reshaping Washington state’s tax landscape. On May 20, 2025, Washington’s governor signed legislation ...

Extending the 2017 tax cuts alone could save the typical household $2,900, but the legislation also affects overtime, tips ...

The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some homeowners.

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phases out ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...