How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

The White House launched a website that can calculate savings from the Trump-backed "big beautiful bill" as it works through the Senate, Fox Digital exclusively learned.

While the two bills are similar on the major tax provisions, how they work out their differences in the coming weeks will ...

We have to pass the bill to get the Tax Cuts and Jobs Act back in place on a permanent basis," he said. "If we don't do that, the average American family is going to see about a $2,400-a-year ...

Ohio is about to scrap its tiered income tax system and replace it with a single 2.75% rate for anyone earning more than $26,050. The $1.14 billion budget cut caps a decade of tax changes that have ...

A new analysis of IRS tax data indicates that everyone benefited from the Trump tax cuts, but those who earned less than $75,000 received a much-higher percentage of savings. (Samuel Corum ...

Trump's GOP tax cuts included in the One Big Beautiful Bill Act are projected to cost $3.8 trillion over the next decade. But the tab is likely closer to $5.3 trillion.