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

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

However, if more than 75% of your adjusted gross income (AGI) is from farming, then you qualify for an extra $125,000 payment. Speciality crop farmers would qualify for up to $900,000 per producer.

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

Trump tax law is making headlines with a major change that eliminates federal income taxes on tips and overtime pay, starting ...

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...

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

Senators are considering a version of President Donald Trump's "One Big Beautiful Bill," which proposes a new income-driven repayment plan that changes the existing calculation method. The new ...

Under the House bill, the full $4,000 deduction would apply to those with an adjusted gross income that is no more than $75,000 for single filers and no more than $150,000 for married filing jointly.

President Donald Trump has pitched no taxes on Social Security benefits. Republicans’ “big beautiful” bill includes a ...

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...