The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich. By Jesse Drucker Jesse Drucker has ...

In 2024, Tesla reported a profit of $7.1 billion but paid no corporate income tax, according to an analysis by the nonprofit Institute of Taxation and Economic Policy, or ITEP. That isn’t particularly ...

After a long day in the office, 29-year-old Helena, a graphic designer from Manchester, gets home, kicks off her shoes and runs a hot, steamy bath. A year ago, she might have gone straight to the sofa ...

Voters in Seattle have overwhelmingly approved Proposition 2, which will reshape the city’s business and occupation (B&O) tax that applies to gross revenue. It will impact both small startups and ...