The increases would offset some — or even all — of the federal income tax charged on Social Security benefits. “This is an important step that will provide meaningful tax relief at a time when many ...

A former IRS employee in Atlanta has not received her promised early retirement payout after accepting an offer under a federal downsizing initiative reportedly led by Elon Musk and his team.

Prices have fallen, but there's also been hefty federal subsidies ... recipient of U.S. tax dollars? LEWIN: Look, here's the way I think of this - every single energy source we have is subsidized.

The Internal Revenue Service requires businesses to submit certain tax reports at the end of each year. The number and type of reports required depend on the payments made by the company during ...

This site displays a prototype of a “Web 2.0” version of the daily Federal Register. It is not an official legal edition of the Federal Register, and does not replace the official print version or the ...

Filing income tax returns (ITRs) for the assessment year 2025-26 will be a bit different this time. The Central Board of Direct Taxes (CBDT) has issued all seven ITR forms. These now include some ...

The IRS is planning ... that the impact on federal employees was going to be much more significant than any other time in history,” he said. “There’s been other downsizing, but typically they were ...

In early May, McMaster penned his own letter to members of South Carolina's congressional delegation urging them to fight to ensure the nuclear energy tax credits remained in the federal spending ...

President Donald Trump urged the Senate to act on his massive tax and immigration package “as soon as possible” following narrow passage by the House early Thursday. Changes in the legislation ...

There’s also a tax exemption for overtime wages. The tax exemption on tips is effectively capped at people making less than $160,000. The cuts in the SNAP and Medicaid programs have made the ...

The measure creates new tax-preferred savings accounts for children that the federal government seeds with a $1,000 deposit. Parents could then contribute an additional $5,000 annually until the ...