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 ...

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

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

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

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

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

The hard-right lawmakers are insisting on steeper spending cuts to Medicaid and the Biden-era green energy tax breaks, among ...

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions. An AICPA statement said it is “deeply troubled” by the plan to curtail use ...

House Republicans are advancing President Donald Trump’s big bill of tax breaks, spending cuts and beefed-up border security ...

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

Few tax matters have as many enemies as the so-called SALT deduction, the ability to deduct from your federal income taxes ...