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How tax breaks on overtime, tips work after Donald Trump's 'Big beautiful bill'
Now that President Donald Trump signed the bill, workers will be able to deduct up to $25,000 in reported tips and $12,500 in overtime pay from their taxable income on their federal tax returns. This means you won’t see an immediate boost in your take-home pay — taxes will still come out of your paycheck — but when you file for 2025 early next year,
A GOP-led Congressional committee launched a probe into allegations that NY illegally withheld Medicaid funds from counties ...
President Trump received a golf "warning" from the American people on social media over the weekend. The President of the ...
The sprawling Republican budget bill approved by the Senate Tuesday removes a proposed tax on solar and wind energy projects ...
The political fallout from President Donald Trump’s budget reconciliation bill may create openings for Democrats as the party ...
President Donald Trump s big, beautiful bill is now law and the centerpiece of the battle for control of the U.S. House in ...
Critics of the budget bill argue that it prioritizes the wealthy over the least of God's people, leading to potential cuts in ...
A provision in the budget reconciliation bill known as the One Big Beautiful Bill that passed in Congress and was signed by ...
The House took a critical step toward approving their mammoth tax and spending package early Thursday morning by adopting a ...
7don MSNOpinion
Take one jarring symmetry: the spending cuts to health care and food assistance programs in the bill will average about $120 ...
House Republicans cleared a final procedural hurdle early Thursday and are now one vote away from passing President Trump's sweeping tax cut and spending bill before a self-imposed July 4 deadline ...
The GOP budget bill is not very popular. In fact, it may be the most unpopular piece of major legislation since President Trump’s 2017 tax cut.
As Republicans face criticism for cutting Medicaid, Hawley tried to shift the focus to a less-noticed part of the law that ...
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