News

Florida tipped workers get new tax break under President Trump's "big, beautiful bill"
A new Trump-backed budget law allows tipped workers to deduct up to $25,000 in tips and $12,500 in overtime, offering ...
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 ...
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 ...
How Immigrants Will Help Fund Trump’s Tax Cuts
A new remittance tax and cuts to the social-safety net are some ways Republicans helped offset the cost of tax reductions.
How to use tax credits for EVs and home projects before they expire
Everything you need to know about which tax credits Congress just voted to eliminate, when they expire and who qualifies.
Republican Unloads Medicaid-Related Stock Before Voting For Trump Tax Bill
A Republican Congressman sold a Medicaid-related stock before voting for President Donald Trump 's massive tax and spending ...
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 ...
GOP tax bill bets big on Trump’s immigration agenda despite poll warnings
The GOP tax bill stands to deliver a $170 billion windfall to turbocharge immigrant detentions and deportations. But public ...