News

Florida tipped workers get new tax break under President Trump's "big, beautiful bill"
A new Trump-backed budget law allows tipped workers to deduct up to $25,000 in tips and $12,500 in overtime, offering ...
Social Security’s Bisignano Hails US Tax Bill as ‘Historic Step’
Social Security Commissioner Frank Bisignano lauded the $3.4 trillion fiscal tax package bill passed by the US House this ...
Child Tax Credit Warning: Millions of Children Could Be Ineligible
Changes to the Child Tax Credit are embedded in the Republican One Big Beautiful Bill Act, which is set to become law on July ...
When will people see new tax relief from the ‘big, beautiful bill’?
Simply put, taxpayers will be able to benefit from many of the tax changes in 2025, although they might not notice the ...
How Immigrants Will Help Fund Trump’s Tax Cuts
A new remittance tax and cuts to the social-safety net are some ways Republicans helped offset the cost of tax reductions.
How Republicans Re-engineered the Tax Code
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...
'Reeves fears tax turmoil' and 'Oasis back together'
The Times writes tax rises in autumn are likely to be smaller than last year's but Reeves is expected to have to raise tens ...
Lawmakers Land SALT Cap Deal That Will Offer Major Relief to Homeowners in High-Tax States
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...