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

President Donald Trump says his tax bill, which won approval from a key congressional committee on May 18, would lower taxes ...

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

These provisions may not have top billing in the sweeping GOP tax bill, but they could have a big impact on Americans' ...

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

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

With so much uncertainty surrounding Social Security and its solvency over the next 10 years, there is ongoing discussion ...

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.

As the big, beautiful tax bill winds its way through Congress, Wisconsin construction companies are watching for tax ...

Governors and state legislators have taken steps to improve taxation of investment income. Some in Congress, meanwhile, want ...

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 ...