Other highlights include charitable contributions deductions, auto loan interest deduction for certain new vehicles, and increased deductions and credits for families. “Everyday taxpayers who received the standard deduction had no tax planning opportunities under the 2017 TCJA (Tax Cuts and Jobs Act),

Considering the most negatively impacted states by President Donald Trump's "Big Beautiful Bill" are those with high-poverty populations and a reliance on federal aid, are there any states that

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

The massive legislation extends tax cuts and increases safety nets for farmers who grow commodities, like corn, wheat and rice. But deep cuts to federal food assistance spending could hurt specialty growers who benefit from programs like Double Up Food Bucks.

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

Trump may call it beautiful, but the reconciliation bill will have an ugly impact on Rhode Island’s health care system, policy analysts say.

There will be no cuts in Medicaid benefits for citizens of the Freely Associated States, but residents on Guam need to brace for changes in the Supplemental Nutrition Assistance Program,