Apple said it plans to build another corporate campus and hire 20,000 workers during the next five years as part of a commitment to the United States that will be partially financed by an upcoming windfall from the country’s new tax law.
The Supreme Court agreed Friday to wade into the issue of sales tax collection on internet purchases in a case that could force consumers to pay more for certain purchases and allow states to recoup what they say is billions in lost revenue annually.
Public utility regulators from Oklahoma to Massachusetts are considering lowering the rates that homeowners and businesses pay, after the passage of a federal tax overhaul that reduced the corporate income tax rate by 14 percent.
Taking the first concrete step toward the Republican tax plan’s promise of fatter paychecks for millions, the Trump administration on Thursday issued new guidelines for how much employers should withhold as taxes from workers’ pay.
The Trump administration said Thursday it will allow states to require "able-bodied" Medicaid recipients to work, a hotly debated first in the enormous program's half-century history.
An Indiana congressman collected more than $160,000 in campaign contributions from gambling interest groups that stand to benefit from legislation he is sponsoring, an Associated Press review found.
Corporate tax cuts are already spurring dozens of big U.S. companies to give employees bonuses, but economists say it could take years before the cuts result in significant pay raises.
Alex Azar, a former Eli Lilly and Co. executive, acknowledged to the Senate Finance Committee that drug prices are too high and said he'd work to lower them if confirmed as secretary of Health and Human Services.
Former Eli Lilly exec Alex Azar, who is President Donald Trump’s pick to lead the Department of Health and Human Services, faces senators at his second hearing on Capitol Hill on Tuesday.
The medical-device industry will see a resumption of the 2.3 percent federal excise tax beginning this month, following a two-year moratorium that expired Dec. 31.
But it’s unclear whether some of the people prepaying will actually be able to claim the deduction, as the IRS has issued guidance that limits what qualifies.
Indiana Sen. Todd Young said he believes the tax bill “is going to give a major boost to our economy, creating an environment that’s ripe for jobs and small business growth.” Two months ago, he said he was concerned with overestimating growth potential.
U.S. Sen. Claire McCaskill is asking the Indianapolis-based insurer to turn over a huge array of internal documents, explaining how it reached its decision to deny certain emergency room claims.
State attorneys general in New York and seven nearby states say they can’t meet strict smog standards because states in the Midwest and south are not controlling air pollution.
The new tax law will be anything but simple for many affluent Americans, who are now inundating their accountants for advice.
The big changes in the federal tax code aren’t happening in a vacuum. They will force officials in most states to decide whether to apply similar changes, while some residents ponder whether they now might be better off living somewhere else.
A university spokesman says the sweeping overhaul of the nation’s tax laws that Congress approved Wednesday would cost the university up to $9 million per year.
The epic overhaul of U.S. tax laws offers generous tax cuts for corporations and the wealthiest Americans while providing smaller cuts for middle- and low-income families. It’s projected to increase the national debt while potentially boosting economic growth.
After midnight—as protesters interrupted with chants of "kill the bill, don't kill us"—the Senate narrowly passed the legislation on a party-line 51-48 vote.
Sen. Mike Crider of Greenfield says he doesn’t have the financial support needed to continue his 6th District campaign.
