OBBB Act updates key tax rules for condo owners, including higher standard deductions, a $750,000 mortgage interest limit, ...

Cuts to SNAP and Medicaid benefits could hurt low-income workers, while tax breaks in the same bill will disproportionately benefit wealth business owners, adding to the gap between rich and poor.

As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction ...

President Trump vowed to end taxes on Social Security, but the One Big Beautiful Bill stops short of fulfilling that promise.

An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a decade.