If more undocumented immigrants stop filing and begin working outside of the traditional payroll system, the annual gap between taxes owed and taxes paid could widen.

The Trump administration said the tax cuts would pay for themselves, but according to a study “that’s just not true at all.”

Forty percent of Americans now say they bet on sports.

Why China’s leaders have long delayed tax reforms in the socialist country.

Take Boston. Over the next five years, that city could face a tax revenue shortfall to the tune of $1.2 to $1.5 billion, according to a new study from the Boston Policy Institute.

Where mobile betting is legal, it accounts for 90% of all wagers, one expert says. Do the pros outweigh the cons?

More than half of U.S. states took in as much or more in tax revenue between March 2020 and February 2021 than they did the year before.

Some states got an unexpected bump from tobacco taxes. The number of people smoking has declined steadily, except in 2020.

Many will be forced to tap rainy-day funds or turn to the bond market to make ends meet.

A few lessons were learned in Washington, D.C., from the 2013 closure.