News

Other highlights include charitable contributions deductions, auto loan interest deduction for certain new vehicles, and increased deductions and credits for families. “Everyday taxpayers ...
Range reports that Trump’s “Big Beautiful Bill” offers significant tax changes for high earners, including increased estate tax exemptions and expanded SALT deductions.
A higher cap on the deduction for state and local taxes is one element of Trump’s Big Beautiful Bill that Gov. JB Pritzker ...
The new tax reform promoted under the name "One Big Beautiful Bill Act" (OBBBA), signed during the presidency of Donald Trump ...
The "One Big, Beautiful Bill" increases two significant tax deductions, but cuts clean energy tax credits for the 2025 tax ...
The Treasury Department will implement President Donald Trump's tax reform law, which provides deductions for workers' tipped ...
New tax law allows Michigan businesses to subtract research costs from income, potentially boosting competitiveness but costing the state $677 million in revenue this year.