The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions.

Donald Trump is again trying to change the tax code — this time, through what he and the GOP are calling “The One, Big, Beautiful Bill.” ...

House Ways and Means Committee (passed on May 14, 2025): The Ways and Means Committee went through formal debate on the bill, ...

A Republican congressman is leading a new bipartisan bill in the House of Representatives that would give married student loan borrowers a larger tax deduction on their loans. More than 42 million ...

You may have gotten a surprise IRS tax bill that left you wondering what happened. Here are six reasons you might have owed more taxes and what to do about it.

The House tax plan cuts charitable giving tax incentives for donors to most nonprofit groups while roughly tripling the ...

Donald Trump is again trying to change the tax code — this time, through what he and the GOP are calling “The One, Big, ...

The latest edition of The National Observer explores the other factors affecting home sales, a convenience store turf war and ...

It also boosts the standard deduction for individuals from $15,000 to $16,000 and ups married couples’ standard deduction from $30,000 to $32,000. Under the committee’s plan, the child tax ...

The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, ...

For 2025, the standard deduction is $15,000 for single filers and $30,000 for married couples filing jointly. Because of the high threshold, the vast majority of filers — roughly 90% ...