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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 ...
Standard deductions will increase by $400 for individuals filing separately, $800 for couples filing jointly and $600 for ...
A retired law professor and expert on federal taxation argues that Rep. Kevin Kiley’s support of extending the 2017 tax cuts ...
Donald Trump is again trying to change the tax code — this time, through what he and the GOP are calling “The One, Big, ...
Inflation has also been unusually high in recent years, with a 9.1% increase in consumer prices from June 2021 to June 2022 ... over the past few years. Standard deductions will increase ...