News

Ahead of a self-imposed Memorial Day deadline, House Republicans are pushing forward a major spending bill that includes ...
Related: How the IRS taxes Social Security income in retirement. The new tax break is welcome news for the over 66 million ...
President Donald Trump first vowed to nix taxes on Social Security income during his campaign for the 2024 election.
The 389-page bill includes numerous tax provisions, including a top individual income tax rate of 37%. An AICPA statement ...
Income-eligibility rules for specific tax benefits are nothing new; lawmakers use them to limit the number of people who benefit and to control costs. That's especially the case as GOP lawmakers try ...
A draft House version of the massive GOP tax and budget bill would make some expiring tax cuts permanent. Other goodies, ...
A proposed increase to the SALT deduction cap would primarily benefit upper-middle-income households in high-tax states like ...
How what Trump has called his “big, beautiful bill” could change the federal government and the U.S. economy.
The House Ways and Means Committee will meet Tuesday to consider the plan. Here's what's currently included for individuals.