WASHINGTON—Republican senators are making a mad dash to pass the GOP tax-and-spending megabill and send it to President Trump ...

The Senate is on the verge of advancing Trump’s priorities, dubbed the One Big Beautiful Bill. Here’s how it could change the ...

The interest you pay on a business loan is tax-deductible if you meet specific criteria defined by the IRS. Here's what you need to know about these criteria.

Even while most focus only on standard deductions, there are several hidden credits and deductions that can significantly ...

The Reconciliation Bill being debated in the Senate contains many tax provisions beyond extending portions of the Tax Cuts ...

Starting in 2025, a new proposal could let you deduct up to $10,000 in car loan interest annually. Part of "The One Big Beautiful Bill Act," the measure aims to ease costs for car buyers but raises ...

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. ... Child Tax Credit and Student Loan Interest).

A tax deduction reduces your taxable income and how much tax you owe. ... Internal Revenue Service. “Topic No. 456, Student Loan Interest Deduction. ...

The U.S. Senate has advanced the “One Big Beautiful Bill,” a comprehensive Republican-led budget and tax package endorsed by ...

Central to the bill is making Trump's 2017 tax reductions for individuals permanent, which are set to expire at the end of 2025. The standard deduction would ... and overtime pay, interest ...

Elizabeth MacDonough, the Senate Parliamentarian, has flagged a growing list of provisions that would be prohibited under the ...

As Senate Republicans wrestle to pass President Trump’s “big bill” by a self-imposed July 4 deadline, Vermonters should ...