The legislation, which reduced taxes for most earners, did not take full effect until Americans filed their taxes in 2019.

The One Big Beautiful Bill Act, an extension of the 2017 Tax and Jobs Cuts Act, poses significant challenges to Houston's ...

The Senate narrowly approved Trump's tax bill, which includes a provision that would make his “no tax on tips” campaign promise a reality.

Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...

Senate Republicans’ tax bill raises the ‘SALT’ deduction cap to $40,000. Here’s who could benefit from the change.

U.S. Senate Republicans are moving forward on President Donald Trump's sweeping tax-cut and spending bill that includes major ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

The Senate has proposed numerous changes to the "One, Big, Beautiful Bill" that the House narrowly passed. The Senate's ...