The tax preparers were convicted after a multi-million dollar fraud scheme targeting the IRS came to light, authorities said.

President Trump signed the "One Big Beautiful Bill Act" into law, enacting a comprehensive tax bill that affects tipped workers.

Gambling losses will have a sharper bite next year under a new federal law. An under-the-radar provision inside President Donald Trump’s “One Big, Beautiful Bill Act” will reduce the amount of gambling losses someone can deduct on their taxes.

Four tax preparers convicted of defrauding the IRS of nearly $8 million have been sentenced to a combined 105 months in federal prison.

President Donald Trump got his wish, signing the much-debated "Big, Beautiful Bill" on July 4. The spending bill passed the House of Representatives on July 3 by a vote of 218-214.

After dozens died in the Hill Country floods, flood alerts, sirens, and relief top Gov. Abbott's special session agenda. Here's what else he's demanding action on ⬇️

WASHINGTON (AP) — Her voice breaking, Homeland Security Secretary Kristi Noem said Tuesday that emergency responders in Texas are “still looking for a lot of little girls” who remain missing after a catastrophic flood during the holiday weekend.

There's also no estate tax in Texas, though estates valued at more than $12.06 million in 2022 and $12.92 million in 2023 can be taxed at the federal level, according to The Balance.