The CBO, a non-partisan budget agency, last week issued fresh forecasts for the U.S. budget deficits for the next 10 years.

The plan would reduce the state’s $7 billion general fund by $1.1 billion over 10 years. Losses would be partially offset by ...

Retail investors are the most optimistic about higher stock prices in 2025 by the most on record. Click to read.

President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., ...

President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while ...

Buncombe County "is still demanding property taxes on homes destroyed by Hurricane Helene based on pre-Helene assessments ...

Despite the 2024 campaign rhetoric, Joe Biden is leaving Donald Trump a healthy economy that may be better off left alone.

President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for ...

County officials determine property taxes by assessing the value of homes using what critics call an outdated calculation that doesn’t reflect the current real estate market. That forces homeowners to ...

But ordinary income tax rates still apply to distributions for other than qualified medical expenses. The IRS doesn't consider inheritances to be taxable income. That includes inheritances of cash ...