The "One, Big, Beautiful Bill" seeks to make the 2017 tax cuts permanent and expand them further. Standard deductions would increase, child tax credits would rise to $2,500, and business owners would ...

The standard deduction was reintroduced in Budget 2018 at Rs 40,000 by then Finance Minister Arun Jaitley, replacing ...

ERIC PAUL ZAMORA [email protected] Democrats blasted Republicans for tilting most of President Donald Trump’s proposed ...

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...

Choosing between the old and new tax regimes depends on your income level, eligible deductions and life changes-switching is ...

Of course, the most significant part of the tax plan is to make the tax cuts enacted during Trump's first term permanent.

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

Millions of workers hoping to grab Labor’s new $1000 “instant” tax deduction will be waiting a while, and even when it ...

The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, ...

House Republicans' tax bill will include significant relief for senior citizens, Ways & Means Committee Chairman Jason Smith ...

We have a problem with many of the benefits in Republican’s new tax bill conveniently expiring just as President Trump leaves ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...