Taxes feature prominently in the Biden administration’s fiscal year 2025 budget. They will continue to be a point of contention in the presidential election, with...

A recent hearing of the House Ways and Means Committee’s Subcommittee on Tax Policy brought attention to an important topic: How can the tax code...

High inflation appears to be giving way to an economic “ soft landing ,” alleviating concerns state forecasters had heading into the current fiscal year...

A bipartisan tax plan that overwhelmingly passed in the House is now stuck in the Senate in part because of proposed changes to the child...

A tax credit for first-time homebuyers could be an important step towards restructuring the way the US subsidizes home ownership. But the version President Biden...

Tax filing may well be America’s least favorite indoor sport. Each year, new forms and rules can overwhelm even seasoned tax experts. It does not...

The House-passed Tax Relief for American Families and Workers Act of 2024 would expand the largest federal subsidy program for construction of affordable housing, called...

In 2021, the American Rescue Plan (ARP) temporarily but significantly expanded the federal child tax credit (CTC), and child poverty fell from 9.7 percent to...

Last night’s State of the Union address probably was President Biden’s last first-term speech to Congress. But it also was his first big-stage re-election campaign...

Following release of the Organisation for Economic Co-operation and Development’s (OECD’s) model global minimum tax rules in December 2021, European Union member states and many...