We estimate reforms to charitable tax deductions could generate $20 billion while increasing giving, or $115 billion with little impact on giving, based on a new study from the Tax Policy Center. As a...
Social Security beneficiaries will receive a 3.6% cost-of-living adjustment (COLA) in 2027, based on today’s inflation data. This COLA will be 0.8 percentage points higher than last year’s 2.8% COLA...
Tax fraud costs the federal government between $116 billion and $304 billion each year, according to a recent analysis by the Government Accountability Office (GAO) using data from 2018 through 2024...
