News

When will people see new tax relief from the ‘big, beautiful bill’?
Simply put, taxpayers will be able to benefit from many of the tax changes in 2025, although they might not notice the ...
How Republicans Re-engineered the Tax Code
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...
How Immigrants Will Help Fund Trump’s Tax Cuts
A new remittance tax and cuts to the social-safety net are some ways Republicans helped offset the cost of tax reductions.
Russian government cuts wheat export tax to zero, IFX reports
Russia, the world's largest wheat exporter, cut the wheat export tax to zero, effective from July 9, the Interfax news agency ...
Child Tax Credit Warning: Millions of Children Could Be Ineligible
Changes to the Child Tax Credit are embedded in the Republican One Big Beautiful Bill Act, which is set to become law on July ...
Social Security’s Bisignano Hails US Tax Bill as ‘Historic Step’
Social Security Commissioner Frank Bisignano lauded the $3.4 trillion fiscal tax package bill passed by the US House this ...
Social Security Administration sends misleading email lauding Trump's new tax cuts law
The emails say nearly 9 in 10 Social Security beneficiaries won’t pay income taxes on their benefits in the future. But the ...
What to know about buying electric vehicles after the federal tax incentives end
The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles.