A Section 1031 like-kind exchange is an Internal Revenue Code provision that allows a person to not pay tax on a gain when selling real property to reinvest in real property of equal or greater value.

The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich.

The OBBB's impacts on tax planning in 2026 are taking shape, amplifying the need for financial advisers' expertise in ...

Many Trump critics are focused on what he is doing to our basic democratic compact. But there’s a reason that all the ...

Poor Americans will face new challenges to enroll, and states will have to build new bureaucracies. Medicaid, the public ...

Sen. Angus King, an independent from Maine who caucuses with the Democrats, explained why he and seven others joined ...

With the passage of Trump's signature tax and spending bill in July, a lot is poised to change tax-wise in the coming year. Among the bill's provisions was making permanent the tax brackets instituted ...

President Donald Trump said during a Fox News interview Monday that Republicans are drafting legislation to ensure the ...

The funding bill has already passed the Senate and it will now go to President Trump’s desk, where he’s scheduled to sign it ...

Americans, particularly the affluent, are set to receive larger tax refunds or smaller tax bills when they file in 2026, because of President Donald Trump’s tax and spending package passed in July, an ...