The IRS has released guidance for President Donald Trump's tips and overtime deductions. Here's what workers need to know.
An unknown number of workers who previously were assumed to be ineligible for the tax break may nonetheless claim it.
Here are five tax law provisions that will be in effect for the 2026 tax season following the July passage of President Trump ...
States are rejecting some of the mega tax package's most popular individal tax provisions to boost their finances. What it ...
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 ...
The Centers for Medicare & Medicaid Services Nov. 14 released preliminary guidance to states on implementing provider tax provisions in the One Big Beautiful Bill Act.
On July 4, the One Big Beautiful Bill Act (OBBBA) was signed into law. The OBBBA is a broad reconciliation bill comprised of ...
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 ...
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 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 ...
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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