President Trump last week signed into law the One Big Beautiful Bill Act (the “Act”). The Act made a number of changes to the clean electricity production credit under Section 45Y of the Internal ...

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 ...

Trump’s new megabill creates temporary deductions for federally taxable tips and qualified overtime pay, but there are some ...

"The bill, as passed, will cause the greatest harm to those who are especially vulnerable in our society,” the statement read.

Tax incentives contained in the sweeping tax and budget bill Trump signed on July 4 could provide a fresh boost to AI ...

U.S. Sen. Ruben Gallego, an Arizona Democrat, plans to visit the Iowa State Fair and hold a Quad Cities event in August.

Democrats are struggling to articulate a clear platform and policy, which is causing confusion among voters, while Trump’s ...

President Donald Trump’s campaign promises to end taxes on tips and overtime pay have seemingly come to fruition in the GOP’s ...

Many middle-class and wealthy families will see some benefits from the new legislation. But programs that help low-income ...

Congressional Republicans must navigate rescissions bill, government funding and investigations into former President Joe ...

Part of Trump's tax bill could give Big Tech a boost to earnings. The bill allows upfront expensing of R&D costs, enhancing ...