Taxes

Bad Bunny's new album DeBÍ TiRAR MáS FOToS laments how Puerto Rico is changing. We look at whether tax breaks to newcomers contributed.

The federal EV tax credit, worth up to $7,500, saw big changes in 2024. For buyers, the credit typically became easier to get. But if their dealers skipped a step, it was a different story.

The IRS is cutting more than 6,000 jobs this week, as part of the Trump administration's downsizing of the overall federal workforce. The job cuts at the IRS come in the middle of the tax-filing season.

A coalition of watchdog groups and unions is seeking to block the DOGE team from accessing taxpayer data at the IRS. A similar battle is brewing over Social Security data.

'If we really want to tackle the fact that Texas has one of the highest kill rates in animal shelters, then we have to make it even a little bit easier for people to own dogs and cats in our state.'

Local officials, school advocates and tax policy experts said such a proposal could have dire impacts on basic services.

Each new location promises a significant number of high-salaried retail jobs.

Currently, drivers can get a tax credit worth up to $7,500 for buying or leasing an EV. But the incoming administration promised to roll back those credits, which they consider wasteful spending.

From "no tax on tips" to Social Security, Donald Trump has made a range of promises about the taxes Americans will pay. We take a look at three changes we could see in the months ahead.

Contrary to claims that there is an invasion at the southern border, actually undocumented immigrants are paying into the tax system but are not able to use the government programs. Undocumented immigrants paid $26 billion dollars into Social Security coffers in 2022 and paid 37 billion to state and local authorities.