Paying for Trump's tax cuts could lead to big changes for taxpayers
Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.
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Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.
The background of Billy Long, an ex-congressman and auctioneer, raises questions about his qualifications, Sen. Warren says.
Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.
Historians say Trump falsely said he was the only president to collect revenue from tariffs on Chinese goods, among other claims.
A British court has cleared police to seize $3.3 million from misogynist social media influencer Andrew Tate and his brother to cover unpaid taxes.
President-elect Donald Trump held his first post-election news conference Monday. While speaking to reporters at his Mar-a-Lago estate in Florida, Trump addressed a range of issues including his Cabinet picks, foreign policy and trade. CBS News chief Washington correspondent Major Garrett has the details.
President-elect Donald Trump has said he wants to extend the 2017 tax cuts, plus throw in a few more. Here's what to know.
President-elect Donald Trump returned to his hometown of New York City on Thursday to ring the opening bell at the New York Stock Exchange. Wall Street investors seem to have embraced the incoming administration as all three major indexes have hit record highs since Election Day. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
President-elect Donald Trump has signaled he wants to end the $7,500 tax credit for electric vehicle buyers. Albert Gore III, executive director of the Zero Emission Transportation Association, joins "America Decides" to discuss the future of EVs in the second Trump administration.
Sinn Féin, the former political arm of the IRA, is hoping Ireland's 2024 election will bring it to power for the first time ever.
Americans paid an estimated $842 million in fees to cover advance loan refunds or refund anticipation checks last year.
H&R Block, Intuit stock dropped amid a report that Elon Musk's Department of Government Efficiency may develop a tax filing app.
Could the tariffs Trump's threatened to slap on Chinese imports backfire and help Beijing? Some experts say they will.
Billionaires backed President-elect Donald Trump's bid to get back in the White House, but now that the deal is done, what could they get in return? CBS News investigative reporter Dan Klaidman joins "America Decides" with more.
Voters consistently list the economy as one of the top issues that drove them to the polls. CBS News contributor J.D. Durkin breaks down President-elect Donald Trump's economic proposals and what they mean for Americans' finances.
City officials said payments will be made through a secure platform and managed by PayPal.
Donald Trump's victory in the 2024 presidential election is likely to have a major impact on the economy. Here's what to know.
Former President Donald Trump has largely based his 2024 campaign on the economy. Former Trump chief economic adviser Gary Cohn joins CBS News to assess the former president's plans.
Harris and Trump both have proposed historically large tax overhauls. Here's what to know.
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
A new analysis suggests former President Donald Trump's economic proposals, should he win the election, could speed up when the Social Security trust fund runs out of money. This is according to a report by the nonpartisan group Committee for a Responsible Federal Budget. Marc Goldwein, senior vice president and senior policy director for the group, joins CBS News to unpack the findings.
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments to the tax code to account for inflation.