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 ...

A homestead exemption is a tax break that lowers the taxable value of a person’s primary residence. For example, with a 20% ...

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.

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

How to calculate ITCs for reimbursements A full ITC (or 50% if meals and entertainment) for the GST/HST paid in respect of a reimbursement made to an employee is available only to a GST/HST registrant ...

Martin County had a tax break program, too, but it failed, Kryzda told TCPalm. "When Martin County first rolled the program out in 2012, for 10 years, they did not have one company take advantage ...

Senate Republicans have added tax breaks and other subsidies for oil drillers to the GOP tax bill making its way through Congress, including a provision that would reward companies for using an ...

WASHINGTON (AP) — President Donald Trump’s tax cuts package would increase deficits by $2.8 trillion over the next decade after including other economic effects, according to a fuller analysis ...

Tax credits for crucial clean energy and home energy efficiency projects would still be phased out, albeit less quickly, under Senate Republicans' proposed changes to a massive tax bill, while ...

WASHINGTON — Senate Republicans on Monday proposed deeper Medicaid cuts, including new work requirements for parents of teens, as a way to offset the costs of making President Donald Trump's tax ...