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This year’s tax filing season officially kicked off in July, with auto assessments running from 7 – 20 July. For non-provisional taxpayers who were not auto-assessed, they will be able to submit and ...
Key provisions in the president’s signature legislation will take effect at different times over several years.
Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s ...
Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...
Midrange earners stand to see meaningful savings, too. A warehouse supervisor earning $60,000 with $10,000 in overtime could shave a couple thousand dollars off their federal tax bill. A hotel ...
The Senate bill also includes new policy proposals, such as tax breaks for tip income, overtime pay, auto loans and a bonus deduction for older Americans to help offset Social Security income taxes.
The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.
WASHINGTON -- The budget bill championed by President Donald Trump could complicate next year's tax filing season after the IRS lost one-quarter of its employees through staffing cuts, an ...