President Trump’s One, Big, Beautiful Bill Act extends tax cuts, raises deductions, and impacts Texas taxpayers. The question ...

A Trump-backed spending bill that passed the US Senate Tuesday would increase the maximum amount families can receive for a ...

From gun silencers to the child tax credit, there are several secluded provisions lurking in the Senate's version of sweeping ...

Ohio's new $60 billion budget creates a 2.75% flat income tax for everyone. Discover how these major changes will affect your ...

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

Saratoga Investment is set to report its Q1 earnings for 2025 in the first week of July. Find out why I don't see any ...

In passing Trump’s signature legislation Tuesday, the chamber softened many of the provisions that were most alarming to the ...

The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending ...

That’s because the government’s definition of taxable income doesn’t track with true economic income, and this disconnect ...

Both the Senate and House versions of the massive tax bill include a hefty new tax break for people aged 65 or older: A new deduction worth up to $6,000. But there are income limits.

The tax brackets, which reflect a 2.8% inflation adjustment, apply to income earned in 2025, with tax returns due in 2026.

That rate will be applied to any supplemental wages, such as bonuses, up to $1 million during the tax year. If your bonus totals more than $1 million, the withholding rate for any amount of the ...