Congress passed the "big, beautiful bill" Thursday, cementing federal income tax cuts President Donald Trump championed ...

The "no tax on tips" provision within the Senate version of the One Big Beautiful Bill Act allows tipped workers to deduct ...

GOP tax and spending bill would create a tax deduction for workers in tipped occupations. But not all would lower taxes for ...

The Tax Cuts and Jobs Act (TCJA) of 2017 capped the deduction for state and local taxes, including property taxes, at a total of $10,000 ($5,000 if married filing separately), starting in 2018.

Sometimes, luxury taxes just don't work. A "window tax" was imposed on English homeowners beginning in 1696. The theory was that people with bigger houses had more windows, and therefore should ...

Specific Taxes. These are fixed amounts per unit sold. For example, gas is taxed at 18.3 cents per gallon, regardless of the price per gallon. Excise Taxes on Retirement Accounts ...

Property tax is a tax on real estate and some other kinds of property. See how to calculate property tax, where to pay property tax and how to save money.

The legislation for Trump's agenda on taxes, health care, immigration, energy and more would add $3.3 trillion to the deficit ...

The legislation includes tax cuts as well as big cuts to Medicaid, food benefits and other programs, and it would add more ...

Applicability of sales and use taxes on digital products may in some cases hinge on the elusive definition of a computer ...

For instance, if your taxable income (gross income minus any deductions) is $50,000 a year as a single filer, that puts you in the 22% federal tax bracket in 2024. But while 22% of $50,000 is ...

The final version of the bill will allow workers to deduct up to $25,000 in tips and up to $12,500 ($25,000 in the case of a ...