The overseas tax breaks could also end up favoring some wealthy citizens, because it could open more opportunities for them to live abroad in low-tax countries and avoid U.S. taxes. Yue praised ...

Here are some key tax breaks that you don’t want to miss out on in 2025. 1. Foreign Earned Income Exclusion. One of the most popular tax breaks for U.S. expats is the foreign earned income ...

President Donald Trump is calling for the elimination of federal income tax, advocating for a shift to a tariff-based revenue system. He argues that this approach, which he says previously made ...

In today’s issue: President Trump returned to an issue that helped him win the White House twice when he offered on Monday to pay migrants who lack legal status a chance to exit the U.S. of ...

Learn about Trump’s plan to allow tax deductions on loan interest for U.S.-made cars. Could Americans save $270 annually? Discover the details.

President Trump’s sweeping new tax law includes many provisions that go into effect in 2025. Here’s what you should know.