The One Big Beautiful Bill Act introduced a new deduction called No Tax on Overtime for the 2025 tax filing season.

Our Taxes Explained series aims to make tax policy clear and accessible. We want people to know what’s on the line and understand how Trump’s tax cuts are designed specifically to benefit the ...

When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get back. Deductions lower the portion of your income that's taxed, while ...

Tax rates vary by location and typically range from 0.5% to 2.5% of assessed property value. Higher rates often correlate with better public services and school systems. Communities with extensive ...

What is the tax year? When filing taxes, understanding the tax season and year is crucial for staying compliant and avoiding penalties. A tax year is the 12-month period in which your income, ...

WASHINGTON (AP) — A tax on the endowments of America’s wealthiest colleges began during President Donald Trump’s first administration, collecting 1.4% of their investment earnings. Under Republican ...

Republicans muscled President Donald Trump's tax and spending cut bill through the House on Thursday, the final step necessary to get the bill to his desk by the GOP's self-imposed deadline of July ...