News

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know.
Related: How the IRS taxes Social Security income in retirement. The new tax break is welcome news for the over 66 million ...
Almost all of the cuts that Republicans hope to pass in the coming weeks will last only until President Trump is set to leave ...
The Ways and Means tax bill, introduced by House Republicans, promises potential tax relief for low-income families. However, ...
The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, ...
It targets several clean energy tax credits implemented under the Democratic reconciliation bill passed under President Joe ...
The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions.
Trump’s economic package is coming up for debate in the House. Among the tax cuts is a plan to exempt tips from federal ...
How what Trump has called his “big, beautiful bill” could change the federal government and the U.S. economy.
Lawmakers on Capitol Hill are debating a new tax cuts bill that includes no taxes on tips and overtime, investment accounts ...
Some lawmakers and President Trump want to offer overtime tax relief. But will a tax deduction or an exemption help you most?