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

President Donald Trump has landed in Texas for a firsthand look at the devastation caused by catastrophic flooding that has killed at least 120 people, which the administration has characterized as a once-in-a-lifetime event.

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.

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

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.

The final day has passed for Governor Abbott to veto legislation that was approved during Texas’ 89th Legislature Regular Session. While the governor has called a special session commencing July 21, he has not identified any tax bills for further consideration.

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

Four members of a North Texas family are accused of stealing millions of dollars from the federal government using fraudulent tax returns. Beginning in 2016, federal authorities say a father and his twin sons filed false tax returns using phony names and trusts, seeking more than $8.5 million in tax refunds.

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 ⬇️