The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American ...

Trump’s proposed ‘One Big Beautiful Bill’ could eliminate key tax credits for low- and middle-income families, potentially costing them thousands. While pitched as pro-growth, the plan may have ...

This tax proposal would do more than make tips income tax-exempt for servers. While this tax proposal promises to benefit servers, it's more complex than that.

The GOP bill adds hurdles for EITC recipients, hitting low-income families hardest while preserving tax breaks for the rich.

A new provision in President Donald Trump’s proposed budget would eliminate taxes on tips and overtime pay, a move many ...

Additionally, self-employed individuals must file if they earned $400 or more. Dependents have their own filing thresholds based on income type. Filing late may mean a smaller refund if penalties ...

This bill will not balance the budget or reduce the deficit, but it will take food and healthcare from children and tax credits from working families.

The Senate parliamentarian has rejected a Republican attempt to exempt a small number of religious schools, including ...

A provision in the GOP tax bill to require the IRS to screen taxpayers before they take a popular tax credit is doomed in its current form after the Senate’s referee ruled the provision doesn’t adhere ...

Gov. Phil Scott signed a bill on Wednesday aimed in part to make Vermont a more attractive state for military retirees.

Republicans want to change or reduce key social safety net programs that provide health care, food benefits and financial ...

Senate Bill Would Raise Value of Tax Credit to Use Captured CO2 to Produce More Oil By Valerie Volcovici WASHINGTON (Reuters) -A U.S. Senate panel proposed making the tax credit for capturing ...