As Congress sends its latest tax proposal to President Donald J. Trump, both the House and Senate versions of the One Big ...

The GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.

The 'One Big Beautiful Bill' (OBBB) is a cornerstone of President Donald Trump's domestic agenda. This legislative proposal aims to consolidate various tax cuts, including the permanence of the 2017 ...

Not file your taxes yet? It’s not too late to claim your 2024 IRS tax refund. Here's who qualifies and how to get it done.

A new provision in President Donald Trump’s proposed budget would eliminate taxes on tips and overtime pay, a move many ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

Senator Mike Crapo, ChairmanSenate Committee on FinanceUnited States SenateWashington, DC 20510 Senator Ron Wyden, Ranking MemberSenate Committee on FinanceUnited States SenateWashington, DC 20510 Re: ...

Gov. Glenn Youngkin is accepting the General Assembly’s approach to $1.1 billion in tax relief in the revised state budget, mostly through one-time rebates, even though it does not include his ...

The exemption amount for people who pass away in 2025 is $13.99 million (up from $13.6 million last year). Married couples can expect their exemption to be $27.98 million (up from $27.22 million ...

The House-passed bill includes a large tax cut, as well as more money for defense and immigration enforcement, financed in part by slashing health, nutrition, education and clean energy programs.

You qualify for premium tax credits if you make less than about $63,000 for a single person (roughly $129,000 for a family of four). And if you earn more than four times the federal poverty level, you ...