Lawmakers on Capitol Hill are debating a new tax cuts bill that includes no taxes on tips and overtime, investment accounts ...

Following a markup that lasted roughly 17 hours and extended overnight to the early morning of May 14, the House Ways and Means Committee completed the tax portion of the so-called “One, Big, ...

Republicans' “one big beautiful bill” would eliminate taxes on tips and overtime, give new cuts to seniors, and make interest ...

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 ...

Ahead of a self-imposed Memorial Day deadline, House Republicans are pushing forward a major spending bill that includes ...

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

Related: How the IRS taxes Social Security income in retirement. The new tax break is welcome news for the over 66 million ...

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions.

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 ...

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...