According to the Tax Policy Center, the average household is expected to save approximately $2,900 under the new law in 2026. But as with most tax policy, the averages don’t tell the whole story.

Today in Ohio podcast reveals how new vehicle-related fees are actually tax increases that disproportionately burden average Ohioans while wealthy residents enjoy significant income tax reductions

President Donald Trump’s sweeping tax and spending law, known as the “One Big Beautiful Bill Act,” will make permanent large tax cuts from the president’s first term. And it makes good on a campaign

Portugal's minority government will present a bill that would gradually cut the corporate tax rate to 17% by 2028 from 20% now, aiming to improve business competitiveness and boost investment, Prime Minister Luis Montenegro said on Thursday.

The law that President Trump signed on July 4 ending tax incentives for wind and solar projects is expected to drive up electricity bills across the U.S., with some of the sharpest increases in Republican-led states, according to Energy Innovation, a nonpartisan think tank.

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or permanent as some headlines suggest. Tucked inside the “One Big Beautiful Bill,” signed into law by President Donald Trump on July 4,

Grinnell College would have been the only Iowa school affected by a tax increase on colleges with large endowments in President Donald Trump's budget.

The tax benefit, which revives a provision of the 2017 tax cuts, only applies to business jets, not jets used for personal use.

Former Vice President Mike Pence wrote to Speaker Mike Johnson (R-La.) on Monday to commend him for getting a massive reconciliation package that included an extension of the 2017 tax cuts across the finish line.

Rep. Dan Newhouse writes that the recently passed spending bill is a win for families, businesses and the local economy.