Taxes July 18, 2025
A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred dollars apiece on new U.S.-built vehicle purchases through 2028.
Taxes July 17, 2025
The IRS released a fact sheet earlier this week describing new tax provisions—no tax on tips, no tax on overtime, no tax on car loan interest, and a deduction for seniors—in the One Big Beautiful Bill Act.
Taxes July 17, 2025
President Trump, who built a career on savvy branding, has yet to convince the public that the law’s sweeping tax cuts and reductions to social safety-net programs are good policy.
Taxes July 17, 2025
The GOP megabill staggers the rollout of its sweeping budget provisions, including tax breaks and social program cuts.
Taxes July 17, 2025
The One Big Beautiful Bill Act encompasses considerable changes to student loans and tax increases on certain college and university endowments.
Payroll July 15, 2025
Here’s what you should know about these “baby 401(k)s” and how they compare to other savings plans for children.
Taxes July 15, 2025
Beginning on Jan. 1, companies in the U.S. will no longer be able to deduct the cost of snacks, coffee or on-site lunches provided to workers, according to a provision in the "big, beautiful bill."
Taxes July 14, 2025
Las Vegas Democratic Rep. Dina Titus is expanding the coalition opposing a last-second provision added to President Donald Trump's "big, beautiful bill" capping how much can be deducted from gambling winnings to 90% of losses.
Taxes July 14, 2025
Yale University has frozen hiring as it begins to brace for an expected major funding gap that the school says is due to a hike in the federal endowment tax and other cuts by the Trump administration.
Taxes July 11, 2025
Nevada Democratic Sen. Catherine Cortez Masto sought to reverse the cut in losses deduction that was included in the One Big Beautiful Bill Act, but she ran into objections from some Republicans.
Small Business July 10, 2025
Small Business Administration leader Kelly Loeffler took to a Baltimore brewery Thursday to highlight the benefits of President Donald Trump’s recently signed “big, beautiful bill.”
Taxes July 9, 2025
U.S. Rep. Emilia Sykes (D-OH) introduced legislation on July 9 called the “Get Your Money Back Act" to secure the future of the Direct File tax filing program and require that all states make it available to their residents.