Taxes


Trump Accounts May Give New Parents Free Money. There’s More Than One Catch.

The proposed accounts will compete with a plethora of savings vehicles that can offer better tax advantages and more flexibility.

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Dollar’s Slump Is Worst Since 1980s. Don’t Expect a Quick Rebound.

The currency is falling despite factors that ordinarily would support it.

3 minute read

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GOP Budget Bill Could Kill IRS Direct File Free Tax Prep Program

The program has long drawn the ire of congressional Republicans and TurboTax parent Intuit.

3 minute read

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How Much Social Security Benefits Could Rise Next Year, According to Inflation Data

The Social Security Administration will announce the actual cost-of-living adjustment in October.

2 minute read

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10-Year Treasury Auction Was Strong Again in Positive Sign for U.S. Assets

It was a fourth consecutive robust offering.

1 minute read

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Stocks Can Break Record Highs if These Things Go Right. That’s a Big If.

An extension of the 2017 tax cuts, trade deals, and rate cuts would all send stocks to record highs, says Bellwether Wealth. It’s a big ask, however.

4 minute read

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Congress’ Scorekeeper Is Under Attack. It Deserves Our Trust.

Keith Hall led the Congressional Budget Office during the first Tax Cuts and Jobs Act. He defends its record in a guest commentary.

4 minute read

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Trump Is Open to Speaking With Musk, Won’t Sell His Red Tesla

Last week’s feud shows more signs of cooling off. The bromance is still over, though.

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The Market Is Vulnerable. 6 ‘Defensive’ Stocks to Buy Now.

Stocks that aren’t sensitive to economic ups and downs are a smart way to protect your portfolio.

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A Health Crisis Cost You a Bundle. How to Claw It Back.

Many taxpayers miss a deduction that could ease the financial pain of hefty medical bills.

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Trump Hates High Interest Rates. He Needs to Look at His Tax Bill.

The best thing Trump could do to get interest rates down is to reconsider his deficit-raising tax bill.

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Trump’s Megabill Is a Boon to the Rich. Here Are the Exceptions.

The elimination of credits, deductions, and certain SALT-cap workarounds in the tax bill would amount to limited increases for some individuals and businesses.

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Why Even Elon Musk Can’t Kill the Deficit-Busting Tax Bill

A new estimate puts the bill’s cost at $2.4 trillion, but that isn’t likely to derail the legislation.

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Wall Street Isn’t Ready to Trust This S&P 500 Rally

The median call among 17 banks and investment groups is for the index to end the year at 5950 points, 0.3% lower than Wednesday’s closing level.

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U.S. Employers Are Shedding Jobs as DOGE Cuts Deep

Wall Street is focused on jobs data this week, which haven’t been good.

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Trump's Megabill Would Cut 8 Million From Medicaid

Some Republican lawmakers have joined Democrats in opposing cuts to Medicaid.

2 minute read

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The Tax and Spending Bill Could Be Investors’ Next Worry

Economists and researchers see problems on several fronts with the bill as it stands now.

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The Stock Market Is Brushing Off Higher Interest Rates. That’s Weird.

Stocks gained about 6% in May as 10-year rates rose 24.5 basis points, or hundredths of a percentage point.

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Musk Calls Trump’s Tax Bill an ‘Abomination.’ How the White House Responded.

Cracks are appearing in the relationship between the world’s richest person and the president.

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Trump Makes His First Try at Keeping DOGE Cuts. The Real Spending Fight Comes Later.

The White House’s “rescissions” package is headed for Congress. It included $9.4 billion in reductions, from public media and foreign aid.

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S&P 500 to Soar on Fading Tariffs Impact, Analysts Say

“Overall, the weight of the technical evidence suggests this recovery is real,” LPL Financial’s Jeffrey Buchbinder notes.

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The Tax Bill Targets Payments by Immigrants to Their Home Country

Some Latin American countries receive 20% to 30% of their GDP from remittances from U.S. workers. Financial institutions also benefit.

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Trump’s Tax Bill Heads to the Senate. The Bond Vigilantes Are Waiting.

GOP senators have changes they want to make to the House version. Medicaid and SALT are in the crosshairs.

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This Much-Maligned Tax Cut Is the Key to Economic Growth

Provisions of the tax bill seen as handouts to fat cats will actually benefit Main Street, Mark Penn writes in a guest commentary.

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You Sold at a Loss. How to Cut Your Tax Bill and Help Others.

Market drops allow you to combine tax-efficient selling in your portfolio and charitable giving.

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