The House-approved tax bill could end the popular ‘SALT’ deduction workaround for certain pass-through businesses. Here’s ...

The IRS allows you to claim deductions that reduce the amount of tax you owe. Those deductions either are itemized deductions ...

Are dental expenses tax deductible? Depending on how much you spend on dental care during the year, you might be able to ...

(THE CONVERSATION) President Donald Trump’s promise to eliminate taxes on tips may sound like a windfall for service workers — but the fine print in Congress’ latest tax bill tells a more complex ...

The president's stance on the SALT cap would reward high-tax areas at the expense of Iowa and other states that lowered rates ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

On May 22, the House of Representatives passed H.R. 1, the budget reconciliation bill known as the One Big Beautiful Bill Act (the BBB). The ...

The state and local tax deduction, SALT, permits taxpayers who itemize when filing end-of-year taxes to deduct certain taxes paid to state and local governments – and it's a subject of controversy ...

Over 300 economists urged President Donald Trump and GOP leaders in Congress to extend the 2017 tax cuts to prevent a $4 ...

On May 22, 2025, the House of Representatives passed H.R. 1, the budget reconciliation bill known as the One Big Beautiful Bill Act (the Tax ...

The House of Representatives passed its version of the fiscal year (FY) 2025 budget reconciliation bill on May 22 by the narrow margin of 215 to 214, with one Member voting present. The bill, titled ...

Federal Finance Minister Muhammad Aurangzeb on 9 June 2025 released the Survey for the current year which epitomized even ...