What Happens When the Government Shuts Down?

The clock is ticking. Without a funding deal, the federal government will shut down on Jan. 20 at 12:01 a.m. But what does that mean and how does it happen?

Tax Overhaul Is a Blow to Affordable Housing Efforts

By lowering rates, the law reduces the value of tax credits that have been crucial to rental projects nationwide, with the effect being felt already.

Poll Finds Upturn in Sentiment on Tax Overhaul and Economy

The finding could be good news for Republicans looking to the midterm elections, but less comfort for President Trump, who was given little credit.

Banks are Big Winners from Tax Cut

Financial firms are benefiting from the $1.5 trillion tax cut and make up the majority of companies so far handing out raises and bonuses as a result of the bill.

To Lift Paychecks, Treasury Urges Companies to Act Quickly on New Tax Law

The Treasury Department took the first steps toward carrying out the $1.5 trillion Republican tax overhaul with the release of new tax withholding tables.

I.R.S. Paid $20 Million to Collect $6.7 Million in Tax Debts

An agency watchdog says a congressionally mandated program using private debt collectors has been poorly administered and failed to respect taxpayers’ rights.