News

As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction ...
Republicans, including Senate Minority Leader John Braun, have cheered on the bill for offering tax breaks to middle-class ...
Republicans want to sell it. Democrats want to bash it. It’s setting up a showdown over whose message can cut through to ...
NRCC begins nationwide digital ad campaign touting the 'one big, beautiful bill' that extends Trump's tax cuts and eliminates ...
Given how wide-ranging the legislation is, it may take a while for everyday tax filers — including seniors with significant ...
Range reports that Trump’s “Big Beautiful Bill” offers significant tax changes for high earners, including increased estate ...
The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
President Trump’s disapproval rating is at its highest level since the start of his second term, according to the latest ...
Legislation does not eliminate the tax on Social Security benefits, but it does provide a tax deduction that can cover taxes ...
The One Big Beautiful Bill (OBBB) maintains the current seven tax brackets and makes several 2017 tax cuts permanent. New deductions include those for tip income, overtime pay, charitable donations ...
President Trump vowed to end taxes on Social Security, but the One Big Beautiful Bill stops short of fulfilling that promise.
Here's a look at whether you should be delighted or worried about the bill. (Spoiler: You may want to put away the confetti ...