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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, ...
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 ...
What’s in Trump and Republicans’ giant tax and immigration bill?
How what Trump has called his “big, beautiful bill” could change the federal government and the U.S. economy.
Bankrate on MSN1d
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 ...
Factbox-What's in the Republican Tax and Spending Plan
Makes permanent the lower income tax rates in Trump's 2017 Tax Cuts and Jobs Act that are currently due to expire at the end of 2025. Boosts the standard deduction by an additional $1,000 to $1,500 ...
NBC Connecticut11d
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 ...