News

The U.S. House of Representatives passed President Donald Trump's tax-cut and spending bill on Thursday, which contains ...
In a sweeping new fiscal package, lawmakers have unveiled a major overhaul of tax policy, federal spending, and entitlement ...
The chamber stood idle for more than seven hours as GOP lawmakers met with President Trump and others shuttled in and out of ...
The increases would offset some — or even all — of the federal income tax charged on Social Security benefits.  “This is an important step that will provide meaningful tax relief at a time when many ...
A provision within the bill would extend and enhance a tax credit for employers who offer their staff paid family and medical leave (PFML), encouraging more businesses to offer the benefit. AARP ...
The major changes made to this guide since the last edition are outlined. This guide reflects some income tax changes recently announced which, if enacted as proposed, would be effective July 1, 2025.
2024 Tax Brackets (Taxes Were Due In April 2025) The 2024 tax year (and the return due in 2025) included these seven federal tax brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Your filing status ...
The 2025-26 budget reduces income tax, funds bridge modernization, freezes tuition & reserves funds for flexibility & economic priorities. What you should know.
The Office of Child Support Enforcement (OCSE), Administration for Children and Families (ACF), is requesting the Office of Management and Budget (OMB) to approve the Federal Tax Refund Offset, ...
The government is moving forward with the proposal to deliver tax relief for Canadians by reducing the lowest marginal personal income tax rate from 15 per cent to 14 per cent, effective July 1, 2025.
What’s Actually in the “Big, Beautiful Bill”? In May 2025, Trump introduced what he called a “Big, Beautiful Bill” aimed at overhauling federal tax policy. The proposal includes: Elimination of ...