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Trump's tax and spending law will impact education savings, gambling losses and tips. Here's a breakdown of the highlights.
The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from ...
Grinnell College would have been the only Iowa school affected by a tax increase on colleges with large endowments in ...
New tax provisions could help startups get acquired faster and bring bigger tax-free gains to investors.
An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a ...
Many filers won’t be able to take full advantage of expanded deductions in the recently passed tax law.
Congressional Republicans are looking to take a second bite of the apple with a ‘big, beautiful bill’ 2.0 in the fall, but ...
Lawmakers approved language that would implement a 90% cap on how much gamblers can deduct from their losses against winnings ...