An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a ...

Trump's tax and spending law will impact education savings, gambling losses and tips. Here's a breakdown of the highlights.

Plus: A famous soccer coach is sentenced to prison for tax fraud, filing an amended tax return, smoking rates and sin taxes, ...

Brussels will propose a new tax on companies with a net turnover exceeding 50 million euros ($58.44 million) as part of an ...

President Donald Trump ’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local ...

Workers who pick up extra shifts may now qualify for temporary relief on their overtime pay. From 2025 through 2028, single ...

President Donald Trump's tax bill, signed into law July 4, reduces how much in losses a gambler can deduct. Here's how the ...

Trump promised to eliminate the tax on Social Security benefits in his 2024 campaign, but the bill instead adds a new ...

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The Republicans' signature tax cut and spending package – dubbed the "big, beautiful bill" – that was signed into law last ...

The post There Are Better Ways To Help Restaurant Workers Than No Tax on Tips appeared first on Reason.com.

Several of the provisions in the law are not permanent, and will expire in 2028.