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One Big Beautiful Bill Locks in Tax Cuts, Tweaks SALT and Adds New Deductions
The One Big Beautiful Bill (OBBB) cements many individual tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) including permanent lower income tax rates and a doubled standard deduction. The bill passed on July 3 and is expected to be signed by President Donald Trump by July 4.
The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.
This is a generationally significant moment—strategic action now can preserve and protect multigenerational wealth when it ...
Senate Republicans coalesced to pass President Donald Trump's colossal "big, beautiful bill" early Tuesday morning, which ...
If not extended, the expiration of the 2017 Tax Cuts and Jobs Act would have been devastating to Americans. If allowed to expire, 62% of Americans would see a tax increase , according to the ...
Sen. Ron Johnson replies to the editorial board.
The 2017 Tax Cuts and Jobs Act (TCJA) cut income tax rates for most Americans, delivering an average savings of $2,100 for Florida taxpayers. Need a break? Play the USA TODAY Daily ...
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