Once upon a time, the idea of simplifying the federal tax code enjoyed widespread bipartisan political support. Times have changed in this regard, and not for the better. That’s bad news, and not just because of the headaches it causes taxpayers each April.

Boil down the hundreds of tax provisions in the sprawling legislation signed by President Donald Trump on July 4, and it becomes clear: The rates Americans pay will now depend less on how much money they make,

Tucked into the huge set of tax cuts that Republicans passed into law this month was the expansion of an unusually valuable tax break for start-up investors.

Key provisions in the president’s signature legislation will take effect at different times over several years.

The move reveals both the power of philanthropic groups to sway legislators and a split in the administration’s coalition.

Oracle has challenged the property valuation of its Stargate data center site in Texas.

The tax preparer admitted to filing tax returns for clients with false information about home energy improvements, officials said.

Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ACCESS Newswire / July 16, 2025 / With the IRS expanding its data-matching capabilities through advanced systems like the Information Returns Processing (IRP) platform,