News

Trump Promised ‘No Tax on Tips.’ Then Came the Fine Print.
The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips ...
Child Tax Credit Warning: Millions of Children Could Be Ineligible
Changes to the Child Tax Credit are embedded in the Republican One Big Beautiful Bill Act, which is set to become law on July ...
How to save thousands on a car by stacking Trump's tax credits with Biden's
Presidents Donald Trump and Joe Biden both created car-buying incentives. Here's how to take advantage of both now.
How Republicans Re-engineered the Tax Code
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...
Trump tax bill averts one debt crisis but makes future financial woes worse
President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...
Speaker Johnson: We've Given Everybody A Tax Cut, That Will Be Jet Fuel For The Economy
House Speaker Mike Johnson spoke about tax cuts in the "Big, Beautiful Bill" during an interview on "FOX News Sunday." "What ...
Institute on Taxation and Economic Policy2h
Megabill Takes Cap Off Unprecedented Private School Voucher Tax Credit, Potentially Raising Cost by Tens of Billions Relative to Earlier Version
It is clear that this tax credit has the potential to come with an enormous cost if private school groups are successful in ...
New SALT Cap Could Slash Property Tax Pain for Homeowners in These High-Tax States
A new $40K SALT cap could deliver long-awaited tax relief to homeowners in high-cost states like NJ, NY, and CA by cutting ...