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South Carolina's new budget reduces the top income tax rate from 6.2% to 6%, aiming to boost economic competitiveness.
The changes won't happen all at once. Here's when Americans can expect key provisions of the GOP tax and spending bill to go into effect.
Trump's new law offers tax breaks for families but slashes healthcare and food aid. Here's what parents need to know about ...
The SSA’s July 3 email announced that the One Big Beautiful Bill Act (signed into law by President Donald Trump on July 4) would essentially eliminate federal income taxes on Social Security benefits ...
In a celebratory email sent to Americans, the Social Security Administration praised the Trump administration’s sprawling budget and tax bill and said it eliminated federal income taxes on most ...
The cuts from the federal spending bill will affect millions of Americans, particularly vulnerable populations. But some of ...
The Social Security Administration circulated an imprecise email about the provisions in the new law. Here’s what it actually does.
The bill modestly and permanently raises the maximum amount of the child tax credit from $2,000 to $2,200 per child under the ...
WASHINGTON (AP) — President Donald Trump on Friday signed the tax and spending cut bill Republicans muscled through Congress this week, turning it into law by his own self-imposed Fourth of July ...
Numbers compiled by the independent Commission on Government Forecasting and Accountability show FY25 concluded with $54 ...
CHARLESTON — West Virginia closed the books on fiscal year 2025 Monday, meeting its constitutional obligation to not go into ...
The $4.5 trillion spending bill includes a revamped Opportunity Zones program and expands Low-Income Housing Tax Credits.