On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would ...

Want some extra SALT with those budgetary fries? It will cost you, the Joint Committee on Taxation said in a report released ...

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

The House-passed One Big Beautiful Bill Act (OBBBA) would add roughly $3 trillion to the debt including interest throug ...

The IRS has adjusted federal income tax brackets for 2025, increasing the standard deduction and shifting tax thresholds to account for inflation.

On May 22, 2025, the U.S. House of Representatives approved H.R. 1, also known as the “One Big Beautiful Bill Act” (the House Bill). The House ...

Imagine President Donald Trump waking up to the news that California faces a $12 billion deficit, and instead of letting the state reckon with its budget bloat, announcing a plan to make taxpayers in ...