President Donald Trump has promised that the “big, beautiful bill” passed by the Senate and being considered by the House of Representatives will be one of the most successful pieces of legislation in ...

Both parties know how important it is to grow the economy to increase government revenues. If Congress doesn’t extend the TCJA, the expiration of many of the provisions on Jan 1, 2026, ...

President Trump's 'big, beautiful bill' makes tax cuts permanent, with lower rates, business expensing, and no tax on tips or ...

Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...

Trump is trying to push his 'big beautiful' tax and spending bill through Congress. After the Senate passed its version, here ...

Trump’s economic package was just approved by the Senate. Among the tax cuts is a plan to exempt tips from federal income ...

It extends key provisions from the 2017 Tax Cuts and Jobs Act and adds new breaks like exemptions for tips and overtime pay. But behind the headl ...

A small business that made $15,000 its first year could deduct that amount and save the remaining $35,000 deduction for the future. Businesses that take a loss could also wait to take the deduction.

Key takeaways Choosing the right business structure can significantly impact your tax liability. Small business owners can reduce taxes through deductions, credits and strategic expense timing ...

Tax season can feel overwhelming, but it’s also a golden opportunity to keep more of your hard-earned money. Every year, ...

Maximize Your Tax Deductions Tax deductions reduce your taxable income, which is the amount IRS and state tax agencies use to calculate how much you owe. While they don’t lower your tax bill ...