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Standard vs. itemized deductions: Which should you take?
Taking deductions when filing your taxes can reduce the amount you owe. But there are two different ways to claim deductions, ...
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Trump’s tax plan: The latest on the ‘big, beautiful’ tax bill, and what to expect for your taxes in 2025 and beyond
From extending the tax cuts he signed into law in 2017 to ending taxes on tips, overtime pay, Social Security benefits and ...
No tax on tips, child tax credit, and MAGA saving accounts: What's in the GOP tax bill
It targets several clean energy tax credits implemented under the Democratic reconciliation bill passed under President Joe ...
GOP’s ‘One Big Beautiful’ bill proposes Medicaid cuts, increase in child credit and tax breaks for tips and overtime
The House Ways and Means Committee will meet Tuesday to consider the plan. Here's what's currently included for individuals.
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Trump's tax package could include ‘SALT' deduction relief. Here's who stands to benefit
When filing taxes, you choose the greater of the standard deduction or your itemized deductions, including SALT capped at $10,000, medical expenses above 7.5% of your adjusted gross income ...