Taxes

As leadership within the House of Representatives prepares to unveil their signature tax reform plan, congressional lawmakers from New York are taking a final stand against the potential loss of their coveted state and local tax deduction in a phone conference with White House officials on Monday night, FOX Business has learned.

The Latest on Pennsylvania's governor signed legislation to expand casino-style gambling in Pennsylvania (all times local): 2:15 p.m. Pennsylvania's Democratic governor says gambling expansion legislation he just signed won't cannibalize existing tax collections from the industry.

As the House Ways and Means Committee prepares to release its tax reform plan this week, some Republican lawmakers have expressed concerns over parts of the package.

President Donald Trump's top economist is doubling down on claims that corporate tax cuts would spark economic growth and boost incomes.

Five universities are in line to receive hundreds of millions of dollars in state funding that's been held up for months by the Legislature's dispute over fully funding the budget.

Former Democratic Senator John Edwards recently cut the asking price on his Chapel Hill, North Carolina mansion by a million dollars after it drew scant interest from buyers after nearly a year on the market, according to multiple reports.

The Latest on the GOP budget plan in the House (all times local): 11 a.m.

House Republicans are focusing squarely on tax cuts rather than deficit discipline as they look to shoehorn a GOP budget plan through the House.

President Donald Trump said on Thursday he will appoint David Kautter as interim Internal Revenue Service (IRS) chief when current commissioner John Koskinen’s term expires next month.

A Swiss man has confessed to a Frankfurt court that he spied for his country on German tax investigators in a case that has sparked tension between the two nations.

The Latest on Republican plans to overhaul the tax code (all times local): 2:05 p.m. President Donald Trump says he shut down speculation that 401(k) plans may be changed to pay for tax cuts because they're important for middle-class retirement.

Connecticut lawmakers on Wednesday inched closer toward voting on a long-awaited, bipartisan compromise state budget agreement, possibly ending a monthslong budget impasse.

As Saudi Arabia undergoes a massive economic transformation in an effort to reduce its reliance on oil, consumers in the country are facing a new reality, too: taxes.

The head of the House tax-writing panel isn't ruling out changes to the 401(k) retirement program to raise revenue for tax cuts.

Republican efforts to tackle tax reform should be welcome news to voters.

The fate of one of the most controversial and in some places cherished perks in the U.S. tax code—the deduction for state and local taxes – could be decided as early as tonight as GOP lawmakers meet to hash out a plan that might still preserve the tax break, which has been targeted by the Trump administration for elimination in its broader tax reform efforts, FOX Business has learned.

Ivanka Trump teamed up with Republican legislators Wednesday to try to ensure the tax-overhaul package under construction on Capitol Hill includes an expansion of the child tax credit.