Jan 10, 2025 · On Friday, the U.S. Treasury released a new analysis of the various ways that extending the expiring individual and estate tax provisions of Trump’s 2017 tax overhaul — known as the Tax Cuts and Jobs Act — could cost the government, and who would directly benefit the most from the legislation’s permanent extension.

Jan 29, 2025 · A three-day meeting of U.S. House Republicans, meant to jumpstart President Donald Trump's $4 trillion tax cut agenda, ended on Wednesday without a deal as party fiscal hawks refused to move ahead ...

Jan 23, 2025 · Extending the tax cuts he signed into law in 2017 alone is expected to cost $5 trillion. That has left Republicans casting about for ways to offset those costs. The budget panel’s menu of ...

Jan 1, 2025 · Here are the states where income taxes will be cut starting on Jan. 1, 2025, based on the Tax Foundation's analysis. Indiana, whose state legislature is controlled by GOP lawmakers and whose...

Jan 23, 2025 · The TCJA (Tax Cuts and Jobs Act) is a sweeping tax overhaul that reduced tax rates, changed processes, and restructured individual and corporate tax frameworks.

Dec 20, 2024 · In addition to extending the Tax Cuts and Jobs Act, one of his signature achievements in his first term, President-elect Donald Trump has proposed a long list of tax cuts, from eliminating taxes on...

Oct 22, 2024 · The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly. Here come the federal income-tax brackets for 2025. Take a long look, because...

6 days ago · The Tax Cuts and Jobs Act (TCJA) was a major tax code overhaul signed into law in 2018 by President Trump in his first term. TCJA cut taxes for shareholders and individual taxpayers alike.

Jul 22, 2024 · Tax brackets, income tax rates, child tax credit, state and local tax deductions, mortgage interest deductions and much more will literally change overnight.

Oct 24, 2024 · If Congress allows the Tax Cuts and Jobs Act (TCJA) to expire as scheduled, most aspects of the individual income tax would undergo substantial changes, resulting in more than 62 percent of tax filers experiencing tax increases in 2026.