News

Lawmakers would eliminate a $7,500 tax credit for households that buy or lease a new EV, and a $4,000 credit for consumers ...
The bill that passed the Senate includes a $6,000 senior tax deduction, compared with the House’s $4,000 deduction.
U.S. Senate Republicans passed President Donald Trump's massive tax-and-spending bill on Tuesday by the narrowest of margins, ...
The legislation, centered around extending the expiring 2017 personal tax cuts, also included a suite of Republican ...
The $40,000 cap would begin in 2025, with the same $500,000 income phaseout, and both figures would rise by 1% annually from ...
President Donald Trump has pitched no taxes on Social Security benefits. Republicans’ “big beautiful” bill includes a ...
Speaker of the House Mike Johnson (R-Louisiana) and his lieutenants still have work to do with the House to meet a July 4 ...
The legislation extends trillions of dollars in tax cuts from Trump’s first term and implements new campaign promises, while ...
Roy and his allies in the House Freedom Caucus again must decide between Trump and resisting the type of deficit increase ...
Millions of motorists across the U.S. will see a gas tax hike starting Tuesday. Here's where fuel taxes are rising.
What made the cut—from SALT to no tax on tips—and what didn’t.
Colorado’s Democratic leaders blasted congressional Republicans’ tax bill as a “complete betrayal” after the bill passed the ...