Tax News
Trump’s Big Bill Would Be More Regressive Than Any Major Law in Decades
Estimates from the Congressional Budget Office, released Thursday, offer a detailed view into the effects on income groups....
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Rich Gain and Poor Lose in Republican Policy Bill, Budget Office Finds
The nonpartisan Congressional Budget Office found that the richer Americans were, the more they would benefit from the measure carrying President Trum...
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Trump’s Pledge to Not Tax Overtime Could Become Federal Law
Once a seemingly offhand remark at a campaign rally, President Trump’s pledge to not tax overtime could become federal law....
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An Illustrated Guide to Who Really Benefits From ‘No Tax on Tips’
The effect of the tax break is actually quite narrow....
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The Small Tweaks That Republicans Slipped Into the Domestic Policy Bill
In their fiscal package, Republicans have slipped in a hodgepodge of tweaks that are, at times, only tangentially related to the rest of the bill....
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Trump Wants to Fulfill His ‘No Tax on Tips’ Promise. The Details Get Tricky.
The idea is politically popular, but the tax benefits may not go as far for low-income workers as many may think....
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Republican Tax Bill May Hurt the Lowest Earners and Help the Richest
Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse off....
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Trump’s New Tax Cuts Could Shower Americans With Cash, for Now
Almost all of the cuts that Republicans hope to pass in the coming weeks will last only until President Trump is set to leave office....
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‘MAGA Accounts’ and No Tax on Tips: Republicans Plan to Inject Trump Into Tax Code
House Republicans on Monday outlined their plans for a far-reaching tax bill that would deliver on several of President Trump’s campaign pledges —...
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Republicans Lay Out Early Plans to Extend and Expand Trump Tax Cuts
House Republicans rolled out the first pieces of a roughly $4 trillion tax cut they hope to pass, including measures that would last just for Presiden...
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Enjoy your tax cuts while they last
The GOP tax plan will give many households tax cuts in the first several years. But those cuts will expire and a key provision will raise many people'...
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How much you'd pay under GOP tax plan depends on many factors
Read full story for latest details....
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New tax code will still be complicated despite GOP promise to simplify
Republicans said their plan would make taxes easy to prepare, and indeed the final bill gets points for some simplification. But the whole story, like...
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GOP tax bill: Here's what people are saying
The vast majority of statements from business, advocacy and trade groups have major concerns with the 1,000-page bill....
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Tax bill and your tuition: Here's what to expect
GOP leaders have agreed to save the student loan interest deduction and keep tuition waivers for graduate students tax-free....
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Attention, teachers: You can keep your deduction for classroom supplies
Currently, teachers can deduct up to $250 for classroom materials from their taxable income. That won't change....
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How tax reform could hinder innovation in the U.S.
By failing to repeal the alternative minimum tax in their tax reform bill, Senate Republicans inadvertently undermined the research and development ta...
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How the GOP tax bills hurt undocumented immigrants
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13 ways the tax bills would affect people: Senate and House differ on key points
You'll be hearing a lot in coming days about the differences between the Senate and House tax bills. Here's your guide....
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Here's what's in the Senate tax bill - and how it differs from the House's bill
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