It also makes the 2017 pro-worker tax cuts permanent; doubles the Child Tax Credit; offers added tax relief for seniors; presents $140 billion in investments in technology, construction and front ...

The bill released late Friday would increase the standard deduction by $1,000 for individuals ... “Pro-family, pro-worker tax provisions are the heart of President Trump’s economic agenda ...

The legislation provides a deduction for those workers in service industry and other jobs that have traditionally relied on tips. The package provides tax relief for automobile shoppers with a ...

Is rent a tax deduction? In general, taxpayers cannot deduct rent from their federal income taxes. However, some states offer ...

The unexpected voice vote comes as congressional Republicans work to pass legislation that would include a similar provision.

As the big, beautiful tax bill winds its way through Congress, Wisconsin construction companies are watching for tax ...

Enter the Bonus Tax Relief for America’s Seniors Act, newly proposed bipartisan legislation. If approved, the bill would more than double the additional standard deduction for those over age 65.

The U.S. Senate has passed a new bill that would offer a tax deduction on tips worth up to ... estimate there were approximately 4 million workers in tipped occupations in 2023.

Learn which of your home expenses may be tax-deductible, how to claim those deductions, and what you can do year-round to ...

Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

House Republicans are clashing with their own party's leadership in a battle to raise or eliminate the $10,000 cap on the SALT deduction. Here’s what you need to know: What is SALT tax deduction?