Higher earners could benefit most from the tax bill in the short run, but future generations of all incomes would be 'worse ...

As one of the only people in this body who has lived off of tips, I want to tell you a little bit about the scam,” warned ...

The declared lifespan of tax changes may not mean what you think. Lawmakers repeatedly extend temporary tax breaks. And they ...

Because these deductions reduce your taxable income, they're the most beneficial for people in the highest tax brackets. A $1 ...

Under the new tax cut, workers can deduct up to $25,000 in tips and $12,500 in overtime pay from their taxable income on federal tax returns.

South Carolina's new budget reduces the top income tax rate from 6.2% to 6%, aiming to boost economic competitiveness.

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...

President Donald Trump got his wish, signing the much-debated "Big, Beautiful Bill" on July 4. The spending bill passed the ...

South Carolina lawmakers helped pass the One Big Beautiful Bill. Many herald it as a win for fiscal responsibility even ...

The mega wealthy are gaining even greater wealth thanks to Trump tax cuts while hundreds of thousands people are set to lose ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

Trump's bill offers tax relief for seniors, but Social Security benefits aren't tax-free. Here's what actually changes in ...