News

‘Big, beautiful bill’ tax cuts touted in ad blitz as Senate GOP gears up for midterms
Senate Republican-aligned group One Nation begins eight-figure ad blitz in multiple states showcasing GOP's newly passed ...
Budget office says Trump's tax law will add $3.4 trillion to deficits, leave 10 million uninsured
That's a slight increase compared with a prior estimate from the Congressional Budget Office that had been made just before ...
Trump's new tax deduction on auto loans has major limitations: What car buyers should know
President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's ...
Activists try to preserve IRS’s Direct File now that Trump has ended it
The program offered free tax filing for two years before Republicans shut it down. Now a small group hopes to save the code ...
Trump's sweeping law increases child care tax credits. Here's how much and who benefits.
She said she was constantly cobbling together child care plans when her nanny fell through, to "not be the person who kept calling out" at work. Foster's husband is a physician and she ...
Report: Trump's 'big, beautiful bill' will sharply reduce Michigan's business tax revenues
A new report from the Michigan House Fiscal Agency highlights expected state budget impact from less-scrutinized changes in the 'big, beautiful bill.' ...
Trump's 'no tax on tips' sparks questions for workers: 'We're looking at a crystal ball,' expert says
President Donald Trump's "big beautiful bill" includes a section for "no tax on tips." Now that the provision is enacted, ...
Trump’s tax and spending law is a short-term win but long-term headache for Wall Street
President Donald Trump’s signature tax and spending legislation is providing short-term clarity for Wall Street but fueling ...