Because these deductions reduce your taxable income, they're the most beneficial for people in the highest tax brackets. A $1 ...

Donald Trump wants to sign his 'big beautiful' tax and spending bill into law July 4. Here's where it stands before the final ...

The IRS lost 26% of its 102,000-person workforce to layoffs and buyouts this year through early June, amid a larger effort by ...

125,000-year-old 'fat factory' run by Neanderthals discovered in Germany ...

President Donald Trump’s “one big beautiful” bill raises the “SALT” deduction cap to $40,000. Here’s who will benefit.

There are a number of troubling provisions in this "big beautiful bill" which passed the House Thursday and is now headed to ...

Tennessee advocates say deep cuts to key programs included in the bill would harm children and families statewide.

Some provisions aim to permanently extend benefits from the 2017 Tax Cuts and Jobs Act (TJCA), while others could sunset or ...

The Trump megabill will give the top 1 percent tax cuts totaling $1.02 trillion over the next decade. For comparison, the ...

The megabill that's bound for the president's desk contains tax breaks that could save some Americans - including tipped workers, employees working overtime, car buyers, seniors and certain homeowners ...

Eliminating taxes on Social Security benefits is missing from President Trump’s tax overhaul. Here’s why and what an ...

Overtime wages would not be taxed under the House version of the bill. Under the Senate version, an individual's first $12,500 of extra overtime pay would be tax-deductible. The income limit on the ...