The giant tax and spending bill President Donald Trump signed into law over the weekend includes the biggest health care spending cuts in U.S. history. In response, states are scrambling to shield ...

Some of the law’s provisions benefitting taxpayers of ordinary means — including tax cuts for tipped and overtime income — are set to expire in 2028. Multimillionaires will benefit from a permanent ...

A federal judge on Monday temporarily blocked the Trump administration from barring Medicaid funding for Planned Parenthood under a provision of Republicans' sweeping tax and spending package.

After many months of touting the ‘Big, Beautiful Bill,’ President Donald Trump finally passed it ... High earners naturally benefit the most from tax cuts since they pay the majority of taxes. The ...

The “One Big, Beautiful Bill Act” passed by GOP lawmakers and signed into law by President Trump last week contains a number ...

President Donald Trump signed the Republican megabill dubbed the "Big Beautiful Bill" into law on the Fourth of July in a ...

Got questions about the new deductions for seniors, tips, overtime and car loans? Here’s what you’ve been asking—and my ...

The Social Security Administration stated that US President Donald Trump's bill will eliminate federal income taxes on Social ...

The sweeping Big Beautiful Bill passed this July includes several household-level tax changes that could reshape how many ...

Among the changes in the One, Big, Beautiful Bill Act (OBBA) was the renaming of Global Intangible Low-Taxed Income (GILTI) to Net CFC Tested Income (NCTI). But the renaming is not the end of the ...

Republicans and Democrats have been arguing for months about the pros and cons of President Donald Trump’s One Big Beautiful ...

President Donald Trump's massive tax and spending package levies a hefty tax on the universities with the largest endowments.