The Internal Revenue Service has released the federal income tax brackets for 2025. A key point for taxpayers is that the ...

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 ...

The so-called "Big, Beautiful Bill", formally known as the One Big Beautiful Bill Act, has generated political fireworks.

The lengthy spending and tax bill was signed into law by Trump on July 4. Here's when some measures take effect.

Simply put, taxpayers will be able to benefit from many of the tax changes in 2025, although they might not notice the ...

Under Trump’s bill, the top 1% of earners would see an average tax cut of about $66,000, or 2.4% of their income, next year, ...