tax

The statements by Reps. Mikie Sherrill and Josh Gottheimer indicate the $740 billion so-called Inflation Reduction Act will clear the House and head to President Biden's desk later this week.

The Democrats' budget reconciliation package, which gained more heft after West Virginia Sen. Joe Manchin agreed to add back several climate and tax provisions, was passed Sunday by the Senate on a party-line vote.

Even as some business groups cry foul over the tax provisions in the Inflation Reduction Act, economists at Goldman Sachs say the landmark bill will barely put a dent in massive corporate profits.

Tax experts warn that a new tax on stock buybacks could turn into a “gateway drug” to tax all kinds of financial transactions.

Tax experts are still trying to work out exactly what the so-called Inflation Reduction Act will cost average Americans.

The US Chamber of Commerce said the bill would saddle businesses with "significant new tax increases and unprecedented government price controls."

A federal appeals court on Tuesday signed off on a House Ways and Means Committee request to obtain former President Donald Trump's tax returns from the Internal Revenue Service.

A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress.

The tax subsidy is considered one of the largest ever received by the Seattle-based e-commerce giant.

CNN's Peter Valdes-Dapena explains to "Nightcap's" Jon Sarlin the impact of the Inflation Reduction Act for consumers who are looking to buy electric vehicles today and which companies are phasing out their tax credits. For more, watch the full...

Allen Weisselberg, a longtime Trump confidante, made a brief appearance in Manhattan Criminal Court Friday morning to try and have the Manhattan District Attorney's indictment against him tossed.

Congestion pricing is the most punishing tax on workaday New Yorkers in generations.

Barcelona is proving to be a place of bad memories.

Former Trump Organization CFO Allen Weisselberg will not cooperate with a broader investigation into Trump.

Laffer thinks it will be the middle class that will bear the brunt of the prescribed tax hikes.

President Joe Biden signed a sweeping $750 billion health care, tax and climate bill into law at the White House on Tuesday -- marking a major victory for his administration and the Democratic Party ahead of the midterm elections.

President Joe Biden signed a sweeping $750 billion health care, tax and climate bill into law at the White House -- marking a major victory for his administration and the Democratic Party ahead of the midterm elections. CNN's Erin Burnett reports on...

The indictment against Weisselberg was the first charge brought by former Manhattan DA Cy Vance last year amid a probe into Trump’s business empire finances.

The former chief financial officer of the Trump Organization is expected to plead guilty Thursday to a 15-year tax fraud scheme, and he is willing to testify in a possible future trial but will not enter into a cooperation agreement to aid New York...

Allen Weisselberg, ​the longtime chief financial officer of the Trump Organization, has pleaded guilty to tax fraud charges in Manhattan state court Thursday.