President Donald Trump’s big bill making its way through Congress will cut taxes by $3.7 trillion but also increase deficits ...

President Donald Trump’s big bill will cut taxes by $3.7 trillion but increase deficits by $2.4 trillion over the next decade ...

Everyone can take the standard deduction, which would be worth $16,000 for individuals and $32,000 for married couples this ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...

The Urban-Brookings Tax Policy Center estimates that, on average, Americans' taxes would rise about 7.5% if the 2017 tax cuts ...

Kansas reported unexpected individual income tax revenue growth during May to deliver a surprise $144 million to the state ...