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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 ...
Range reports that Trump’s “Big Beautiful Bill” offers significant tax changes for high earners, including increased estate ...
Given how wide-ranging the legislation is, it may take a while for everyday tax filers — including seniors with significant ...
The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
The IRS Direct File program has been under fire from Republicans in Congress since it began. The program still feels like ...
A provision in the One Big Beautiful Bill Act, recently signed into law by President Trump, will create the country’s first ...
Tax deductions introduced in the "One Big, Beautiful Bill" could benefit older and working Americans the next time they file taxes.
Democrats are poised to contest the Republican talking points at every turn, emphasizing the cuts to Medicaid, as the two ...
The bill includes several tax-related initiatives, one of which is the elimination of tax on tips. Here's what to know.
Trump's One Big Beautiful Bill solidifies tax cuts from the Tax Cuts and Jobs Act and adds new ones that will impact most ...
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 ...