The Trump administration argues that the emergency tariffs imposed on all imported goods are not intended to raise government revenue, as the Supreme Court hears the case. This legal battle could reshape trade policy.
In a bid to address a projected $27 million budget deficit, the University of Michigan's athletic department will reduce staff by 10% while allocating funds to pay student-athletes. Athletic director Warde Manuel outlined cost-cutting measures and new revenue strategies in a letter to supporters.
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The Trump administration plans a drastic 20% cut to the IRS workforce, risking tax compliance and revenue generation just a month after Tax Day. How will this affect your tax returns?