New York is on the cusp of enacting a law that could help congressional Democrats gain access to President Donald Trump’s state tax returns, potentially opening the door for Congress to obtain tax records for any New York resident or business they want to investigate.

How do you lose more than a billion dollars?

This tax season has been marked by a round of law changes, making filing taxes an even more confusing and frustrating experience for many Americans who normally rely on their refunds.

Probably, but it’s complicated.

Business owners and families will begin to notice changes in their pockets as of this tax season after this year a federal tax reform came into effect that also modifies the health insurance mandate implemented under President Obama's administration.

It was just a regular day: I opened my mailbox, grabbed the pile of what I assumed was a combination of junk mail and bills, and then I saw it—an envelope from the IRS.

After much political drama over the possibility of Americans getting lower tax refunds due to the Tax Cuts and Jobs Act, it turns out that refunds haven’t slipped after all. Recent data show that the average tax refund is up over last year by 1.3% to $3,143.

If your tax return was less than expected, you’re not alone.