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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 ...
The Treasury Department will implement President Donald Trump's tax reform law, which provides deductions for workers' tipped income and overtime pay in the One Big Beautiful Bill Act.
Cuts to SNAP and Medicaid benefits could hurt low-income workers, while tax breaks in the same bill will disproportionately benefit wealth business owners, adding to the gap between rich and poor.
Blackburn: Trump signed a law that cuts your taxes, bolsters border security and enhances Tennessee jobs, with zero cuts to Medicaid benefits.
Historically, Colorado typically aligns with federal tax law, so when the federal government creates a tax exemption, it ...
“Some are two, three years out, but there will probably be some constellation of things, and that's what we're trying to ...
A Sweeping Tax Overhaul By Tim Provost, CPA In a dramatic display of legislative determination, the U.S. Congress passed, and ...
More than 1.7 million Hoosiers voted for President Trump in 2024. How has Trump's second term impacted Indiana?
Share calculated using July 2024 population estimates; Map: Kavya Beheraj/Axios President Trump's massive tax and spending bill could slash food benefits for thousands of Michiganders, new research ...
JACKSON HEWETT: TACO man Donald Trump caves on Fed, China. Can the bully be bested? Like all bullies, Donald Trump has shown ...
The One Big Beautiful Bill Act was signed into law on Independence Day. The sweeping legislation has massive implications on everything from taxes and social welfare programs to environmental policy ...