The U.S. Senate has passed a new bill that would offer a tax deduction on tips worth up to $25,000. This bill, if enacted into law, would also extend to business tax credits for payroll taxes on ...

The Republican tax and spending bill taking shape on Capitol Hill contains all sorts of new tax breaks — but if the bill becomes law, the challenge for everyday Americans may be understanding ...

House Republicans on Thursday narrowly passed what they’re calling the “One Big Beautiful Bill,” which consists of more than 1,000 pages of legislation making changes to everything from ...

A "big, beautiful tax bill," as it has been titled, is making its way through Congress. But how big and beautiful is it for you? In a big win for President Donald Trump, the bill won approval from ...

Any straightforward accounting points to one conclusion: The president’s “One, Big, Beautiful Bill” (as Republicans insist on formally calling it) would make the country’s fiscal situation ...