The US Congress has recently passed the ambitious tax package known as "The One, Big, Beautiful Bill", a proposal pushed by ...

Currently, taxpayers who make under $200,000 annually as a single filer, or $400,000 if filing jointly, can qualify for a ...

Changes to the Child Tax Credit are embedded in the Republican One Big Beautiful Bill Act, which is set to become law on July ...

The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American families making it into the bill. The Senate approved the bill on July 1 ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

The House and Senate passed the massive spending and tax bill that includes signature policies of President Trump's ...

President Trump is expected to sign the so-called "big, beautiful bill" in a ceremony on Friday at the White House to ...

Different provisions of the GOP tax and spending bill will kick in over the next year or so. Many are set to expire just ...

The sweeping bill that will cut taxes and impact funding to social programs was passed in the House by a vote of 218-214 on ...

Senate Republicans passed a bigger child tax credit as part of Trump’s spending package. If enacted, here is who stands to ...

Congress is trying to increase the maximum credit amount through its budget reconciliation process, but the chambers differ ...

A Trump-backed spending bill that passed the US Senate Tuesday would increase the maximum amount families can receive for a ...