On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law, which had narrowly passed through the United States ...

The president's tax bill brings charitable donation write-offs 'above the line,' allowing even filers who use standard over ...

Several provisions of Trump's bill are poised to be retroactive to 2025 or take effect in 2026, and they may shift how ...

Higher federal income tax offsets for state and local tax payments have morphed into a mostly upper-middle-class political ...

This school choice measure means that even taxpayers who do not participate are in effect contributing to private and ...

President Donald Trump said he is “thinking about” ending capital gains taxes on home sales. Here’s how to lower your bill ...

On "The Florida Roundup," PolitiFact chief correspondent Louis "Lou" Jacobson breaks down changes to the taxation of Social ...

President Donald Trump signs his signature bill of tax breaks and spending cuts at a July 4 ceremony at the White House.

The new tax law hiked the SALT deduction cap to $40,000. That’s good news for taxpayers in high tax states, but it’s a temporary boost.

What the deduction does is all in the name. It allows taxpayers to deduct what they owe in state and local taxes from their federal income taxes. The OBBBA raises the cap on how much taxpayers can ...

President Trump's "Big Beautiful Bill" might drive car sales up.A new tax cut is available to buyers as long as they purchase ...

President Trump signed into law the Reconciliation Bill commonly known as the One Big Beautiful Bill Act (OBBBA).