News

Some of the law’s provisions benefitting taxpayers of ordinary means — including tax cuts for tipped and overtime income — are set to expire in 2028. Multimillionaires will benefit from a permanent ...
Got questions about the new deductions for seniors, tips, overtime and car loans? Here’s what you’ve been asking—and my ...
The sweeping Big Beautiful Bill passed this July includes several household-level tax changes that could reshape how many ...
Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful ...
Technically, the Big Beautiful Bill Act doesn't kick poor people off Medicaid. But it adds red tape meant to push them off, and that hurts Arizona.
Musk's proposal for a third party comes after disagreements with President Trump over a tax and spending bill that was passed ...
Trump’s budget bill opens a floodgate for federal coal leases in Wyoming, but will producers buy them? Experts are mixed.
Reinstated mortgage insurance premium deductibility and a higher cap on state and local tax deductions could change whether ...
The order reiterates measures included in the recently passed budget reconciliation bill, leading renewable energy advocates ...
Treasury Secretary Scott Bessent delivered a reality check Sunday while speaking to CNN’s Dana Bash on the One Big Beautiful ...
Initially funded by a $1,000 contribution from the federal government, these accounts are tax-preferred and remain tied up until the account holder turns 18. The goal, according to proponents, is to ...
From bonus depreciation and R&E expensing to the higher standard deduction, the Trump tax bill covers a lot of ground.