The Social Security Administration reportedly sent out an email claiming the policy bill “eliminates federal income taxes on ...

The version of the ‘big, beautiful’ spending bill that passed the Senate permanently extends Trump’s 2017 tax cuts.

The Senate and House have introduced competing versions of the 'One Big Beautiful Bill,' each reflecting distinct fiscal ...

The property tax deduction is great for homeowners. Here's how it works in 2024 and 2025 and what you can do to save money.

Over the last several decades, there have been historic shifts in the structure of cash transfer programmes in Western, developed countries, including the United States, the United Kingdom and Canada.

Contentious Tax Reform: House vs. Senate Approaches House and Senate Republicans are divided on tax cut proposals, including deductions for state and local taxes, health savings accounts, and vehicle ...

Schalk is referring to a spending and tax cut bill making its way through Congress that could eliminate the Residential Clean Energy Credit as a measure to reduce federal spending. "Right now, the 25D ...

Ohio’s historic preservation tax credit, vital to the revitalization of older buildings throughout Northeast Ohio, could come to an end after 20 years in operation if Senate Republicans’ proposed ...

The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire after 2025 without action from Congress. If enacted, the ...

Comparison of Major Tax Incentives According to the Joint Committee on Taxation, the production tax credit for wind was estimated to cost taxpayers $3.4 billion in FY 2024, the investment tax credit ...

Republican lawmakers are requesting adjustments to clean energy tax credit provisions in the reconciliation bill, specifically addressing the phaseout timeline and "placed in service" standards.

U.S. President Donald Trump's tax and spending bill would make it harder for American critical minerals companies to compete with China because it eliminates a tax credit for boosting domestic ...