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Starting next year, millions of Americans — from restaurant servers to retirees — could receive lower tax bills under ...
Several impactful tax changes are already in force for 2025 under the One Big Beautiful Bill. Here's what taxpayers need to ...
The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that ...
Staffing shortfalls and intricate new policies are complicating efforts at the Treasury Department and IRS to meet President ...
The tax law that President Donald Trump signed in early July — the One Big Beautiful Bill Act — quietly raised the federal tax reporting threshold for slot winnings from $1,200 to $2,000. This is the ...
The tax code is changing again, and if you’re filing for 2025, Trump’s ‘big beautiful’ bill could mean a bigger refund next ...
Americans saving for retirement will benefit from increased contribution limits for their 401(k) accounts in 2025, following a decision by the IRS. However, these adjustments come alongside the ...
NPR's Scott Simon discusses the ability of the IRS to enforce tax laws with Chye-Ching Huang of the Tax Law Center at the NYU School of Law. * If indeed there's a bipartisan agreement on new ...
There are new laws regarding gambling losses. Previously players could deduct those losses from their winnings with the IRS, now following the passage of the Big Beautiful Bill, there is a cap.
Starting in 2025, the 'One Big Beautiful Bill' brings bigger standard deductions, a higher SALT cap, and new senior tax credits—potentially boosting your refund. Learn how to take full advantage.
A reinterpretation of a tax rule signals that houses of worship may now be able to endorse political candidates without losing tax-exempt status.