News

When will people see new tax relief from the ‘big, beautiful bill’?
Simply put, taxpayers will be able to benefit from many of the tax changes in 2025, although they might not notice the ...
How Republicans Re-engineered the Tax Code
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...
Rice University faces $10.1M hit from new endowment tax in Trump bill
Rice University will pay $10.1 million in endowment taxes under Trump's bill, impacting student aid and university budgets.
Here’s how millions of people could lose health insurance if Trump’s tax bill becomes law
Roughly 11.8 million adults and kids will be at risk for losing health insurance if Republicans’ domestic policy package ...
Social Security Administration sends misleading email lauding Trump's new tax cuts law
The emails say nearly 9 in 10 Social Security beneficiaries won’t pay income taxes on their benefits in the future. But the ...
Child Tax Credit Warning: Millions of Children Could Be Ineligible
Changes to the Child Tax Credit are embedded in the Republican One Big Beautiful Bill Act, which is set to become law on July ...
Social Security’s Bisignano Hails US Tax Bill as ‘Historic Step’
Social Security Commissioner Frank Bisignano lauded the $3.4 trillion fiscal tax package bill passed by the US House this ...
Lawmakers Land SALT Cap Deal That Will Offer Major Relief to Homeowners in High-Tax States
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...