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The IRS Direct File program has been under fire from Republicans in Congress since it began. The program still feels like ...
When Michelle Lawrence heard about Medicaid cuts in the Republican tax and spending bill, it felt like “a punch to the gut.” ...
Legislation does not eliminate the tax on Social Security benefits, but it does provide a tax deduction that can cover taxes ...
The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
The full deduction is limited to individuals with taxable income of less than $75,000 ($150,000 for joint filers). It shrinks ...
The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...
IRS 401(k) limits increase to $23,500 in 2025. Here’s how the Big Beautiful Bill reshapes retirement, RMDs, and Roths.
The Treasury Department and the IRS will need to roll out guidance to explain the bill's newer provisions and how they differ ...
The bill includes several tax-related initiatives, one of which is the elimination of tax on tips. Here's what to know.
The lengthy spending and tax bill was signed into law by Trump on July 4. Here's when some measures take effect.
A small provision added to President Donald Trump’s “One Big Beautiful Bill Act” — that came to light days before the ...
On July 4, 2025, the federal government enacted H.R. 1, “An Act to provide for reconciliation” which is popularly known as ...