But this new deduction isn’t universal. It phases out at higher income levels, starting at $75,000 for single filers and $150,000 for joint filers, and disappears completely at $175,000 and $250,000, ...

Will Americans get a stimulus check in 2025? Here's the latest on the Trump rebate plan and $1,390 IRS relief payments.

The tax-and-spending megabill makes five major changes affecting charitable giving, two expanding deductions and three ...

Under the new law, more than $60 billion in additional funding will be funneled toward agricultural subsidy programs, with ...

While the idea of eliminating income taxes sounds appealing to a lot of people, here's what replacing those taxes with ...

New federal legislation alters eligibility rules for a widely used family tax credit, affecting many mixed-status households ...

The Trump administration is warning of dire consequences if it cannot reverse the tax agency's recent staffing exodus.

Trump’s mega tax overhaul, known as the ‘One Big Beautiful Bill,’ has distinct winners and losers. Which group do you fall ...

Though the legislation modestly increases the maximum amount of the tax credit, the bill also implements more restrictive ...

President Donald Trump's new massive tax and spending law is under fire after workers who put in significant overtime hours ...

— Net hiring has plummeted over the past three months with job gains of just 73,000 in July, 14,000 in June and 19,000 in May — a combined 258,000 jobs lower than previously indicated. On average last ...