Tax cut, One Big Beautiful Bill
Digest more
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and tax changes.
14d
MiBolsilloColombia on MSNIRS cut 25,000 jobs in just one year amid sweeping staffing reductionsThe IRS cut over 25,000 jobs in a year, sparking concerns about its ability to handle tax seasons and provide adequate taxpayer support.
WASHINGTON (AP) — The Supreme Court on Tuesday cleared the way for President Donald Trump’s plans to downsize the federal workforce despite warnings that critical government services will be lost and hundreds of thousands of federal employees will be out of their jobs.
The One Big Beautiful Bill Act passed the House on July 3, and is expected to be signed into law by President Donald Trump. Here’s a detailed look at what’s changed—and how it might impact you.
The One Big Beautiful Bill (OBBB) cements many individual tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) including permanent lower income tax rates and a doubled standard deduction. The bill passed on July 3 and is expected to be signed by President Donald Trump by July 4.
As Republicans in Congress rushed forward with a massive tax and spending cut bill, a North Carolina renewable energy executive wrote to his 190 employees with a warning: Deep cuts to clean energy tax credits were going to hurt.
President Donald Trump's "big, beautiful bill" has passed the House of Representatives in a major win for the White House. Here's what's in it and what happens next