President Trump signed the OBBBA, introducing a new tax deduction for tips and overtime compensation. While this aims to ease ...

The ELFA has been engaged on these issues for many years, consistently making the case to lawmakers that smart, ...

Starting in 2025, the 'One Big Beautiful Bill' brings bigger standard deductions, a higher SALT cap, and new senior tax ...

Working parents often face extra expenses, such as summer day camp for their children. Many people don't know they might ...

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...