The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

Discover the step-by-step process of turning tax proposals into U.S. law, involving Congress, presidential oversight, and the IRS, and its influence on tax policy.

Tax laws previously allowed gamblers to deduct up to 100% of their gambling winnings as losses with itemized deductions. That ...

Jonathan Williams is executive vice president of policy and chief economist at the American Legislative Exchange Council and co-authors the annual report, “Rich States, Poor States.” Lee Schalk is ...

Taxation law constitutes the legal framework that governs the assessment, imposition, administration and enforcement of taxes. It is integral to ensuring that governmental revenue is raised in a ...

Professor Diane Kemker of DePaul College of Law shares her argument for more coverage of the earned income tax credit in tax law casebooks to improve inclusivity. This transcript has been edited for ...