taxes

The U.S. House narrowly passed President Donald Trump's sweeping tax-cut bill Thursday, triggering a spike in Treasury yields as investors reacted to the bill's multi-trillion-dollar price tag and its long-term implications for debt sustainability. The yield on 30-year Treasury bonds surged to 5.15...

Long-dated U.S. Treasuries tumbled to their lowest levels since October 2023 as yields surged past 5%, fueled by a weaker-than-expected bond auction and mounting deficit fears tied to President Donald Trump‘s proposed tax-cut plan now under debate in Congress. The 30-year Treasury yield...

Donald Trump and the Republicans won control of the presidency, the House of Representatives and the Senate in the 2024 election. With Republican control, an extension of the 2017 tax bill was expected to be a priority, but it is moving slowly. What Happened: Many Americans want to know what the...

The U.S. Treasury’s cash balance sharply increased during 2025’s tax season as collections rose from the previous year’s season. What Happened: The Treasury’s cash balance rose by $185 billion on Tuesday, the U.S. deadline to file tax returns for the previous year, according...

A bold bet on tariffs as a self-funded strategy for future tax cuts could backfire, as President Donald Trump's sweeping import duties promise massive tax revenues, but at the cost of slower growth and higher consumer pain. In a recent report, the Tax Foundation analyzed the economic fallout of...

As tax season kicks into high gear, one analyst noted an increase in tax refunds that could leave taxpayers with more cash as they head into spring. Bank of America analyst Mihir Bhatia analyzed consumer finances as we move into the final weeks of tax season. Bhatia noted a continued increase in...

Recent Internal Revenue Service data reveals that tax refunds are substantially larger this year, even though fewer Americans are filing early returns. According to a Detroit Free Press report, this shift presents a valuable opportunity for tax professionals to guide clients through changing tax...

In a recent interview with ThinkAdvisor, a senior financial planner with Kitces.com, Ben Henry-Moreland, laid out the tax planning implications of Donald Trump‘s return to the White House. In short, it’s now almost guaranteed that the 2017 Tax Cuts and Jobs Act (also known as the Trump...

Scott Bessent, Donald Trump's nominee for Treasury Secretary, faced sharp questioning in his Senate confirmation hearing Thursday, defending the administration's economic agenda on tariffs, tax policy, government spending, and U.S. global competitiveness. Markets took note as Bessent outlined a...

With Donald Trump's imminent return to the White House, investors are eyeing a new era of pro-business policies, particularly around tax cuts and deregulation. There are also looming risks — namely, trade tariffs on Chinese imports — that could put a dent in corporate earnings. Analysts have...

The 2024 election victory of former President Donald Trump, coupled with Republicans retaking the Senate and possibly retaining the House of Representatives, has put the spotlight on what this means for tax policy. Tax experts agree a likely result is the extension of key components of the 2017 Tax...

Donald Trump will return to the White House and will bring major changes to the country's tax, AI and energy policies. RBC Capital Markets analyst Deane Dray highlighted some of the companies that may benefit from Trump's policies.  Fossil Fuel/ Energy Independence: Trump's plans for energy...

President-elect Donald Trump campaigned on placing high tariffs on competing nations and cutting taxes, so what should investors expect after Trump’s second inauguration? Trump’s Policy: Trump’s specific plans concerning tariffs and taxes are unclear and have varied greatly. The...

Donald Trump and Kamala Harris, the 2024 presidential candidates, present starkly contrasting visions for voters, particularly on federal tax policy. Capital Gains Tax: Capital gains are the profits received after selling an asset. Gains are subject to taxes depending on how long the asset was held...

Many tax benefits under the Tax Cuts and Jobs Act are set to expire in 2025 which has led to ongoing discussions about their future and potential extensions ahead of next week's presidential election. Republican candidate Donald Trump and Democratic candidate Vice President Kamala Harris have...