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The One Big Beautiful Bill (OBBB) maintains the current seven tax brackets and makes several 2017 tax cuts permanent. New deductions include those for tip income, overtime pay, charitable donations ...
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.
Blackburn: Trump signed a law that cuts your taxes, bolsters border security and enhances Tennessee jobs, with zero cuts to Medicaid benefits.
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.
Historically, Colorado typically aligns with federal tax law, so when the federal government creates a tax exemption, it usually carries over to state taxes as well. But the new law tells Colorado ...
“Some are two, three years out, but there will probably be some constellation of things, and that's what we're trying to analyze,” said Polis. “We're saying, ‘is there anything that the state would ...
Colorado health insurance prices in the individual market are poised for a big increase following passage of the One Big Beautiful Bill Act.
A Sweeping Tax Overhaul By Tim Provost, CPA In a dramatic display of legislative determination, the U.S. Congress passed, and ...
More than 1.7 million Hoosiers voted for President Trump in 2024. How has Trump's second term impacted Indiana?
JACKSON HEWETT: TACO man Donald Trump caves on Fed, China. Can the bully be bested? Like all bullies, Donald Trump has shown ...