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Many middle-class and wealthy families will see benefits from the new legislation, but programs that help low-income families ...
The IRS has dropped a raft of changes, big and small, to the U.S. tax code that could shift how much you owe — or save — in 2025. From bigger deductions to higher limits on health-related ...
WASHINGTON – Senate Republicans have unveiled their version of President Donald Trump's big tax bill. Passing it will be easier said than done. The fractures that divided Senate Republicans ...
President Donald Trump on Friday signed into law his sweeping tax cut and spending package, what he’s called the “big, beautiful bill,” in a Fourth of July ceremony packaged with patriotic ...
Big Beautiful Bill: The tax credit for auto loans phases out for incomes between $100,000 and $150,000 for an individual and between $200,000 and $250,000 if you file jointly.
The Tax Cuts and Jobs Act permanently reduced the corporate income-tax rate to 21% from 35%. As a candidate seeking the 2020 nomination, Harris said she wanted to return that rate to 35%.
Update: The Senate just proposed a $6,000 “bonus deduction” for those over 65 in their version of President Trump’s signature tax and spending package, dubbed the One Big Beautiful Bill Act.
When tax preparers don’t sign a tax return, it is a red flag that the taxpayer is being misled.” If you did make this mistake, the IRS may also require you to amend remove tax return to remove ...
The tax cut package that passed the U.S. House, which President Trump has dubbed the "big, beautiful bill," may change before it becomes law.
A big tax refund isn’t a reason to celebrate if you overpaid throughout the year. Here’s how much money your interest-free loan to the government could have cost you.
It’s time to make year-end tax moves. With inflation way up and markets way down for 2022, there’s plenty to track. As in the past, most actions for tax-year 2022 must be made before Jan. 1, 2023.