Taxes

Tax figures show another tough year for North Dakota

Already reeling from a prolonged slump in energy and agriculture prices, a severe drought this summer in North Dakota likely will contribute to a third consecutive year of slipping average gross income for residents, state Tax Department officials said.

Paul Ryan says tax plan unlikely to swell deficit: Reuters

The Republican tax cut plan that President Donald Trump wants passed by year's end is unlikely to trigger a big deficit expansion because it will spur more investment and job growth, House Speaker Paul Ryan told Reuters in an interview on Wednesday.

Tax changes for 2018: What you need to know

As the Trump administration and GOP lawmakers work to complete a tax reform overhaul by year’s end, the Internal Revenue Service (IRS) released some cost-of-living changes that will go into effect beginning next year.