The 'One Big Beautiful Bill' introduces a $4,000 deduction for seniors, but its effectiveness in providing tax relief is ...

The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.

Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

President Donald Trump’s tax bill has cleared the House and is now making its way through the Senate. Here is a breakdown of ...

Trump’s Big Beautiful Bill has generated plenty of headlines, but it’s important to assess how major policies like this one ...

The Urban-Brookings Tax Policy Center estimates that, on average, Americans' taxes would rise about 7.5% if the 2017 tax cuts ...

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

A sizable tax break could be coming for tipped income, but the economic knock-on effects could be damaging.

Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.

Investors in nations with tax regimes that the US deems unfair would face higher tax rates on income earned in the US if the tax bill that’s making its way to the Senate becomes law. A section of the ...

The House speaker says the CBO missed by $1 trillion, but even the CBO couldn’t predict a pandemic.

The proposed tax break allows ... beautiful bill") to cut taxes, slash spending and raise the debt limit. It included a proposal to cut federal income taxes on tips. It's an open question what ...