As Republicans tout Trump's 'big beautiful bill,' here's who the tax breaks benefited most
President Donald Trump displays his signature on a sweeping spending and tax legislation known as the "One Big Beautiful Bill...
Income Tax
Inside Wealth: How the wealthy are planning to cut their 2026 tax bills
The U.S. Internal Revenue Service (IRS) building stands after it was reported the IRS will lay off about 6,700 employees,...
Prediction markets are booming. How to tax winnings is anyone's guess
Polymarket banner outside the New York Stock Exchange on Oct. 7th, 2025.Kevin Stankiewicz | CNBCPrediction markets are booming, with monthly...
Still haven’t filed your taxes? Here’s what you need to know | CNN Business
New York CNN — So far this tax season, the IRS has received more than 100 million income tax returns...
Treasury Moves to Ease Limits on Foreign Tax Credits After Companies Object
WASHINGTON—The U.S. Treasury Department is softening its limits on foreign tax credits, responding to corporations that have been warning about...
Miami’s Gold Rush: Finance Firms and Crypto Move In, Bringing Strains
From his new office in Miami Beach, real-estate investor Barry Sternlicht is only steps from the ocean. His waterfront mansion...
Individual Income Tax Payments on Pace to Reach Record Level
WASHINGTON—An unprecedented gush of income tax revenue is flowing into the federal government, driven in part by investors and business...
High Inflation Creates Tax Winners and Losers. What Are You?
Inflation is about to ripple through the tax code—and the nation’s mishmash of tax provisions means some people will be...
Democrats Try to Salvage IRS Bank-Account Reporting With Scaled-Back Plan
Democrats scaled back a proposal that would require banks to send more information about customers’ accounts to the IRS in...
