The harmful Republican megabill imposes massive cuts in food assistance, health coverage, and other supports for people with ...

The Federal Reserve ordered another quarter-point cut to its federal funds rate, but not without dissents among the ...

The White House claims there's “no tax on Social Security,” but the One Big Beautiful Bill doesn’t deliver that. It’s just a ...

The IRS urges taxpayers to get organized now to take advantage of changes under OBBBA that could impact tax deductions and ...

States that slashed their own taxes have only made themselves more reliant on federal funding, and thus stand to be ...

The governor must first win over lawmakers who have rejected similar proposals. The state may have to backfill more than $17 billion for school funding alone.

Live updates and the latest news as the Supreme Court seems poised to allow Trump to fire a member of the independent Federal ...

Most taxpayers will be in for a pleasant surprise when they prepare their federal income tax returns for 2025. Last July's ...

A former local exec is accused of cheating the IRS by getting paid more than $1.6 million in compensation and fringe benefits ...

Tax brackets will shift upward for 2026, meaning more income will be taxed at lower rates before hitting higher tiers. The ...

The standard deduction is set to climb again for the 2025 tax year, with married couples filing jointly able to shield ...

Over 1 million Illinois families will put turkey on the table this Thanksgiving with the help of federal food assistance.