Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s ...

Millions of U.S. workers who earn tips and overtime pay may be eligible for a federal tax break when they file their 2025 ...

Midrange earners stand to see meaningful savings, too. A warehouse supervisor earning $60,000 with $10,000 in overtime could shave a couple thousand dollars off their federal tax bill. A hotel ...

The Senate bill also includes new policy proposals, such as tax breaks for tip income, overtime pay, auto loans and a bonus deduction for older Americans to help offset Social Security income taxes.

The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.

WASHINGTON -- The budget bill championed by President Donald Trump could complicate next year's tax filing season after the IRS lost one-quarter of its employees through staffing cuts, an ...

Trump’s budget bill could complicate 2026 tax filing season after IRS cuts, watchdog warns Taxpayers will likely see the effects of staffing reductions at the IRS.

Tip Income Tax Break Could Cost Workers More Than It Saves The proposal may help only a few — but it could reshape how millions of Americans get paid. Advertising Disclosure: When you buy something by ...