We estimate income and taxes for the wealthiest group of US households by matching Forbes 400 data to the individual, business, estate, and gift tax returns of the corresponding group in 2010–2020. In ...

The jackpot for Wednesday's Powerball drawing is $930 million, the seventh largest grand prize in the game's history. The nearly $1 billion jackpot is for a single-winning ticket who chooses an ...

President Donald Trump suggested Tuesday that Americans may "not even have income tax to pay" in the near future, saying tariff-driven revenue could allow for the historic elimination of the federal ...

The IRS has released its guidance for the "no tax on tips" and "no tax on overtime" provisions of the One Big Beautiful Bill Act (OBBBA), for workers who can claim the deductions for the 2025 tax year ...

PALM BEACH, Florida, Nov 27 (Reuters) - U.S. President Donald Trump said on Thursday his administration may slash income tax completely over the next couple of years because of government revenue ...