Taxes

Tax-filing season is swiftly approaching, but Americans planning to file their returns for free will have fewer options to do so than in years past.

The Chicago Teachers Union (CTU) wants to how money from President Biden's American Rescue Plan is being spent after it voted to close schools and go back to remote classes until the spike in COVID-19 cases "substantially subsides." When President Biden passed the American Rescue Plan in March 2021, Chicago received $1.8 billion in federal COVID-19 relief for the city's schools.

Americans who received the third round of stimulus checks or an advanced child tax credit payment should be on the lookout for two important letters from the Internal Revenue Service.

The U.S. has seen its highest levels of inflation in 39 years as consumer prices surge.

Kudlow discusses the signing of the Trump tax cuts as today makes the fourth anniversary

Sen. Bill Hagerty provides insight into taxes in Biden's spending plan.

The hottest inflation in four decades is eroding wage gains for a majority of Americans working at the largest and most profitable companies in the country, according to a new analysis.

Americans looking to tuck away some extra cash next year can take advantage of an oft-overlooked tax break recently updated by the Internal Revenue Service to reduce their liability next year.

A slew of proposed taxes aimed at ultra-wealthy Americans and well-off corporations were dealt a potentially fatal blow on Sunday, imperiling a key pillar of President Biden's sweeping economic agenda.