Key Points ・The "Student Loan Tax Bomb" is a term that refers to the taxes owed on forgiven student loan debt in some ...

For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...

Slot machine players just caught a break. The tax law that President Donald Trump signed in early July — the One Big Beautiful Bill Act — quietly raised the federal tax reporting threshold for slot ...

President Trump vowed to end taxes on Social Security, but the One Big Beautiful Bill stops short of fulfilling that promise.

The Republicans' tax cut and spending package, dubbed the "big, beautiful bill," includes a tax deduction for car loan ...

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 ...

So, Trump’s “no tax on overtime” law could mean bigger federal tax refunds for many middle-income workers across the ...

As inflation drives up the cost of almost everything, more Americans are turning to second jobs or weekend side gigs—whether ...

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

These are some of the key tax changes in President Donald Trump’s "big beautiful" bill and how the current law compares to ...

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

Eliminating taxes on Social Security benefits is missing from President Trump’s tax overhaul. Here’s why and what an ...