News

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...
President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.
These are some of the key tax changes in President Donald Trump’s “big beautiful bill” and how it compares to current law.
Tax breaks in the megabill, like no taxes on tips and overtime, only apply to people at certain income levels.
The approval of the One Big Beautiful Bill Act on July 3, 2025, with a close vote in the Senate (51-50, with Vice President ...
Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...
The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...
The latest version of the GOP’s “big, beautiful bill,” which passed both houses of Congress this week and is headed to ...
The Central Board of Direct Taxes (CBDT) has notified the key Income Tax Return (ITR) forms for the financial year 2024-2025 (assessment year 2025-2026), allowing taxpayers to file their returns.
Trump's Big, Beautiful Bill offers a $6,000 senior bonus deduction from 2025-28. Couples can save $12,000. Retirees with ...
Tax Season launches today with the first batch of auto assessments rolling out. Here are all the changes taxpayers should take note of.