Other highlights include charitable contributions deductions, auto loan interest deduction for certain new vehicles, and ...

The Tax Policy Center crunched the numbers on the new tax cuts and credits—and the top 20% of earners will get the biggest ...

Given how wide-ranging the legislation is, it may take a while for everyday tax filers — including seniors with significant retirement savings — to understand how the details impact ...

A higher cap on the deduction for state and local taxes is one element of Trump’s Big Beautiful Bill that Gov. JB Pritzker ...

Trump's One Big Beautiful Bill solidifies tax cuts from the Tax Cuts and Jobs Act and adds new ones that will impact most Americans.

The Treasury Department will implement President Donald Trump's tax reform law, which provides deductions for workers' tipped ...

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (the Act), Public Law 119-21. While the Act ...

Legislation does not eliminate the tax on Social Security benefits, but it does provide a tax deduction that can cover taxes ...

E-commerce giant Amazon, Inc. (AMZN) would be the biggest beneficiary of the pull-forward effect from President Donald ...

The Republicans' tax cut and spending package, dubbed the "big, beautiful bill," includes a tax deduction for car loan ...

The One Big Beautiful Bill Act (OBBBA), enacted July 4, 2025, made a number of changes to the Internal Revenue Code of 1986, as amended (the ...