A provision in the One Big Beautiful Bill Act, recently signed into law by President Trump, will create the country’s first federal tax credit for donations to private schools. It aims to give families more choice in their child’s education,

The federal policy change raises questions about the electric vehicle market after historic investments and state incentives poured in to build the new $4 billion factory.

The bill includes several tax-related initiatives, one of which is the elimination of tax on tips. Here's what to know.