If Trump Reinstates Tax Cuts, Here’s How Much You Could Save
During President Trump's first term, he overhauled the tax code with his 2017 Tax Cuts and Jobs Act (TCJA). Many of those provisions are set to expire at the end of 2025. Read Next: 7 Tax
Republicans Plan to Use Budgeting Trick to Hide Deficit From Trump Tax Cuts
Republicans want to change how the Congressional Budget Office calculates the cost of extending Trump’s 2017 tax cuts.
Was No Tax on Tips Bill Passed? House Republican Budget Resolution Explained
Viral social media posts are claiming the "no tax on tips" bill passed in Congress on Tuesday. It did not—but the resolution cleared the way for it.
Explainer-What US Social Spending Programs Could Be Hit in Trump Tax Cuts?
The plan, which is now under consideration in the Senate after the House of Representatives passed a measure advancing it, does not currently include much detail of where spending will be cut. But it offers some clues and Democrats and advocates warn that social programs,
Trump Seeks Permanent Tax Cuts After Budget Narrowly Passes
Former Republican Representative Kevin Brady, spokesman for the Alliance for Competitive Taxation, about how House and Senate Republicans will deal with Trump's promises in a tax cut package (Source:
Here's how much you'll pay in taxes if Trump's cuts get extended
House Republicans have advanced Trump's tax cut plan. Here's how much you can expect to pay in taxes if the 2025 tax bill goes forward.
New tax policy will soon impact 401(k) and IRA contributions
When the SECURE Act 2.0 was enacted in 2022, the aim was to increase financial preparedness for retirement by increasing ...
Trump’s Tax on Trade
Trump’s rationale ranges from raising money to pay for tax cuts to bringing back manufacturing to the U.S. to leveraging ...
IRS Agents Are Best Used In Tax Enforcement, Not Immigration
President Trump and his administration are moving quickly to fulfill their promise to carry out mass deportations. Using IRS ...
Republicans consider major budget change to obscure deficit impact of extending Trump's tax cuts
Republicans are considering a far-reaching change to the budget process that would obscure the deficit impact of extending ...
Tax Season Just Got More Confusing
The IRS was starting to modernize—then the Trump administration intervened.
How The Private Sector Is Leading In Support Of A 21st Century Energy Policy
First, we are witnessing a manufacturing boom. After decades of offshoring, new factories and plants are opening in ...
Center on Budget and Policy Priorities1d
Eliminating Taxation of Social Security Benefits Would Be Unwise
Social Security beneficiaries with higher incomes pay income tax on part of their benefits. Repealing the taxation of Social ...
USA Today10d
2025 is set to be an important year for federal tax policy impacting farming and other businesses
For many farmers, federal tax policy can be as impactful as a Farm Bill in terms of ensuring the financial viability of ...
Committee for a Responsible Federal Budget1d
“Current Policy Baseline” Gimmick Could Explode the Debt
Adopting a current policy baseline would therefore allow lawmakers to hide $3.4 trillion to $4.6 trillion of borrowing ...