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Given how wide-ranging the legislation is, it may take a while for everyday tax filers — including seniors with significant ...
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.
The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
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 ...
Here's a look at whether you should be delighted or worried about the bill. (Spoiler: You may want to put away the confetti ...
The bill includes several tax-related initiatives, one of which is the elimination of tax on tips. Here's what to know.
President Trump’s One Big Beautiful Bill delivers the largest tax cuts in decades. But the benefits aren’t evenly distributed ...
Tax deductions introduced in the "One Big, Beautiful Bill" could benefit older and working Americans the next time they file taxes.
Analysis by clean energy think tank Energy Innovation found that the bill threatened thousands of clean energy projects, ...