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US companies will no longer be able to deduct the cost of snacks, coffee or on-site lunches provided to employees.
Senior citizens are getting a tax break in President Donald Trump’s sweeping tax and spending cuts package, but it’s not the ...
Trump's One Big Beautiful Bill solidifies tax cuts from the Tax Cuts and Jobs Act and adds new ones that will impact most ...
Key provisions in the president’s signature legislation will take effect at different times over several years.
President Trump vowed to end taxes on Social Security, but the One Big Beautiful Bill stops short of fulfilling that promise.
The lengthy spending and tax bill was signed into law by Trump on July 4. Here's when some measures take effect.
Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...
President Donald Trump’s "One Big Beautiful Bill Act" is now law. So when does it take effect? Here's a look at when its ...
For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...
Final tax reform bill preserves SALT and PTET deductions for traders and professionals, avoiding SSTB carve-outs and ensuring ...
As a result, the new $6,000 deduction is stacked on top of both the regular standard deduction — $15,750 for single filers or ...
President Donald Trump’s “big beautiful bill” raises the SALT deduction cap to $40,000. Here’s who will benefit.