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Do you get paid overtime or tips? Here's how the GOP tax bill could impact your money.
The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.
Soy Aire on MSN1d
Analyzing the impact of the 'One Big Beautiful Bill' on senior tax relief
The 'One Big Beautiful Bill' introduces a $4,000 deduction for seniors, but its effectiveness in providing tax relief is ...
Institute on Taxation and Economic Policy10d
Analysis of Tax Provisions in the House Reconciliation Bill: National and State Level Estimates
The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...
Explaining Trump’s Claim of a ‘68%’ Tax Increase
The Urban-Brookings Tax Policy Center estimates that, on average, Americans' taxes would rise about 7.5% if the 2017 tax cuts ...
One Big Beautiful Bill: Breaking Down The House Tax Package
In this episode of Tax Notes Talk, Tax Notes Capitol Hill reporters Cady Stanton and Katie Lobosco discuss the final version of the House’s reconciliation bill and what’s next as the legislation heads ...
InvestmentNews7d
'Revenge tax' to hit US allies with tax rules tagged unfair by Trump
Investors in nations with tax regimes that the US deems unfair would face higher tax rates on income earned in the US if the tax bill that’s making its way to the Senate becomes law. A ...
What the ‘No Tax on Tips’ Bill Means for Workers and Businesses
Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.
Mike Johnson’s bogus attack on CBO’s score of the 2017 tax bill
The House speaker says the CBO missed by $1 trillion, but even the CBO couldn’t predict a pandemic.
From gym memberships to gun silencers, Trump's tax bill is full of surprises
These provisions may not have top billing in the sweeping GOP tax bill, but they could have a big impact on Americans' ...