If your creditors accept the proposal, the funds in the account will ... You'll probably receive a Form 1099-C, Cancellation of Debt from your creditor to file with your tax return.

Trump released a budget proposal outlining $163 billion in spending cuts that mirrored recommendations from Elon Musk and ...

Trump’s budget generally left the Treasury Department alone — except for the IRS. The budget seeks to cut IRS funding by $2.5 ...

Like other presidential budget requests before it, Trump's is mostly a messaging document that bears little resemblance to a ...

Bringing an end to overtime pay taxes was a campaign promise from President Donald Trump in the run up to the 2024 election.

A TikTok video of an awkward dock proposal has racked up over 84 million views—and nearly as many questions. Posted by the groom’s brother, the short clip shows Payton Chambers kneeling behind ...

Several GOP senators slammed Trump's defense budget for being too stingy, arguing the one-time increase won't have the lasting effect of a permanent addition to the defense budget. You can take a ...

President Donald Trump released his budget proposal Friday, including $163 billion in nondefense spending cuts (a 22 percent reduction) that will be achieved "by reducing or eliminating programs ...

U.S. President Donald Trump plans to unveil his budget proposal for the 2026 fiscal year on Friday and send it to Congress, ...

Speaker Mike Johnson (R-La.) on Tuesday said one controversial proposal to cut federal Medicaid funding was off the table and another would likely be excluded from the bill containing President ...

But some borough residents worry the living room that is the Memorial Library of Nazareth and Vicinity could soon be adorned with a bright, flashing, digital sign. Those concerns have led ...

Assistance from one of North Carolina’s 100 county sheriffs helped a freshman congressman craft legislation to assist law enforcement’s fight against international cartels. If passed, the ...