News

In July 2025, President Trump signed the sweeping One Big Beautiful Bill (OBBB) into law, extending key elements of his 2017 ...
President Donald Trump’s ‘big beautiful bill’ added a new tax break for charitable gifts worth up to $2,000. Here’s the best ...
While some economists have questioned the viability of this plan, if it were to happen, here's who might benefit most from ...
The One Big Beautiful Bill Act (OBBBA) includes a provision that allows employees to deduct a portion of their overtime pay ...
The tax-and-spending megabill makes five major changes affecting charitable giving, two expanding deductions and three ...
While the idea of eliminating income taxes sounds appealing to a lot of people, here's what replacing those taxes with ...
But this new deduction isn’t universal. It phases out at higher income levels, starting at $75,000 for single filers and $150,000 for joint filers, and disappears completely at $175,000 and $250,000, ...
Though the legislation modestly increases the maximum amount of the tax credit, the bill also implements more restrictive ...
President Donald Trump's new massive tax and spending law is under fire after workers who put in significant overtime hours ...
A $60 billion boost to farm subsidies will be a lifeline to some. But the way the funding will be distributed could worsen ...
Trump's tax changes eliminate business deductions for office snacks and meals, affecting 44% of US employers who provide free ...
New federal legislation alters eligibility rules for a widely used family tax credit, affecting many mixed-status households ...