WASHINGTON -- At some 940 pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations. Now ...
Here are five tax law provisions that will be in effect for the 2026 tax season following the July passage of President Trump ...
H.R. 7024, the Tax Relief for American Families and Workers Act of 2024, passed the House on January 31, 2024 and now faces an uncertain fate in the Senate. The bill is intended to offer something for ...
On July 4, the One Big Beautiful Bill Act (OBBBA) was signed into law. The OBBBA is a broad reconciliation bill comprised of ...
The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...
WASHINGTON — A provision in the GOP’s tax and spending bill that makes it easier to get gun silencers, rifles and shotguns violates Senate rules and has to come out, the Senate rules referee said ...
Taxpayers are taking a second look at the Taxpayer Cuts and Jobs Act of 2017. Some—but not all—of those provisions are set to expire in 2025. And while some changes are welcome, some—like limits on ...
With 30 tax provisions set to expire at the end of 2025, the tax liabilities for family farms could increase at a time America’s farm families can ill afford any additional hits to the budget.
The One Big Beautiful Bill Act (the OBBBA), Pub. L. No. 119-21, was enacted July 4, 2025. The OBBBA makes numerous changes to the United States Internal Revenue Code of 1986 (the Code). Fulfilling a ...
With the blustery cold we have seen across most parts of the country in recent days, it’s hard to believe that spring is right around the corner. Springtime brings planting, fresh blossoms, and, of ...
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Tax provisions in the 2025 New York Budget
ALBANY, N.Y. (NEXSTAR) — New York’s 2025 to 2026 budget cuts taxes for many households while adjusting the rates for other tax scenarios. It creates a one-time inflation refund for eligible earners ...
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