Nevada has more than twice as many tipped workers as other states so it could reap the most benefit from new Trump-backed law ...

It pays to know the complex tax rules before rushing to buy or lease an electric vehicle or plug-in hybrid vehicle before credits expire Sept. 30.

The Treasury Department will implement President Donald Trump's tax reform law, which provides deductions for workers' tipped income and overtime pay in the One Big Beautiful Bill Act.

The One Big Beautiful Bill Act's increase of the state and local tax (SALT) deduction cap creates an opportunity to use multiple non-grantor trusts to maximize deductions and enhance estate planning.

President Donald Trump’s signature tax and spending legislation is providing short-term clarity for Wall Street but fueling concerns about the long-term health of the US economy, investors say.

Once upon a time, the idea of simplifying the federal tax code enjoyed widespread bipartisan political support. Times have ...

As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction ...

There’s only one known instance of a church losing its tax-exempt status because it violated the Johnson Amendment, but ...

Range reports that Trump’s “Big Beautiful Bill” offers significant tax changes for high earners, including increased estate ...

The Treasury Department and the IRS will need to roll out guidance to explain the bill's newer provisions and how they differ ...

Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ...

Tax deductions introduced in the "One Big, Beautiful Bill" could benefit older and working Americans the next time they file taxes.