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Tax cut extensions, more breaks for business owners and a bigger cap on SALT deductions are among the big changes.
The One Big Beautiful Bill is a massive proposed tax and spending package loaded with initiatives that align with Trump’s agenda. As it’s currently written, the bill includes major changes to Medicaid ...
According to the SSA, recipients will pay federal income taxes on their benefits if their combined income (50% of their benefit amount plus any other earned income) exceeds $25,000/year filing ...
The U.S. deficit, or the government’s spending that exceeds its revenue, has already surged in recent years due to pandemic ...
The latest on states with no tax on overtime, including Alabama, Georgia, and federal proposals, and no tax on overtime start ...
President Trump threatened to revive his global trade wars Friday morning, saying he would apply a steep tariff to European ...
House Republicans stayed up all night to pass their multitrillion-dollar tax breaks package, with Speaker Mike Johnson ...
The bill would add so much money to the debt that Congress may be forced to execute cuts across the board, including hundreds ...
The House narrowly passed its massive GOP tax and spending cuts package on Thursday, sending President Donald Trump’s “one big, beautiful bill” over to the Senate, where it will likely face many ...
A provision to move to a “high-5” annuity calculation was struck from the House-passed reconciliation bill. But other ...
The multitrillion-dollar tax cut and spending bill now heads to the Senate, where Republicans have vowed to make changes.