It’s not criminal, though it might feel that way. Tax loopholes are legal ways to use the tax code to save yourself money. Tax avoidance strategies aren’t solely for the rich — plenty of tax ...

(Bloomberg) -- Despite President Donald Trump’s monthslong advocacy for eliminating the carried interest tax break, one of the most controversial loopholes in the US tax code remains unchanged in the ...

Two key Oregon Democrats on Monday unveiled a plan to increase state revenue by dropping several state tax breaks copied from President Donald Trump’s sprawling tax-and-spending law passed last year.

According to Gemini, billionaires use tax loopholes to legally reduce taxes far below most U.S. taxpayers. Discover how they go about these strategies.

Although they haven’t waved banners or held press conferences, a structurally important event is taking place behind the scenes. With new clarity and tactful force, the U.S. Treasury is getting ready ...

The IRS has released new guidance in the form of frequently asked questions (FAQs) to help eligible taxpayers claim the overtime compensation deduction. The IRS has released new guidance in the form ...

A proposal to ban smoking didn’t gain enough support on athe city council, with some council members wanting more clarity on the proposed law.

Leaders of the Oregon Senate and House revenue and finance committees are proposing to disconnect the state from three provisions in H.R. 1, or President Donald Trump's Big, Beautiful Bill Act, to ...

Admit it: Every time you read about the wealthy “avoiding taxes,” you assume something shady must be going on — offshore accounts, secret shell companies or some “creative accounting” that borders on ...

New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.