Budget cuts might be necessary, but Congress should prioritize raising revenue, too.

Key Points ・Married couples often face higher taxes or reduced benefits due to thresholds that are not doubled from single ...

The Republican Party's 'One Big Beautiful Bill' introduces a new tax deduction for charitable contributions, reviving a ...

It is considerably more moderate than those that came before it. If enacted, affected institutions will still face ...

T he Social Security Administration (SSA) sends out benefit checks to about 70 million Americans each month. The amount each ...

The Social Security Administration (SSA) sends out benefit checks to about 70 million Americans each month. The amount each ...

Senate plan includes a permanent $2,000 charitable tax deduction for joint filers in the “One Big Beautiful Bill” proposal.

Trump’s new tax plan offers a special deduction for charitable donations, potentially benefiting 90% of Americans and ...

Trump's proposed tax plan, part of the 'One Big Beautiful Bill,' introduces a new 'above-the-line' deduction for charitable ...

Both versions of the bill include provisions that allow non-itemizing tax payers to deduct charitable contributions.

The 549-page text calls for making many provisions of the Tax Cuts and Jobs Act permanent. The committee says that the SALT ...

The Senate released its draft version of the “big, beautiful” tax bill, which differs in major ways from the House bill. Here ...