What's next for Trump agenda after House GOP approves tax breaks and slashed spending in budget
Now that House Republicans have passed an ambitious budget blueprint for President Donald Trump's agenda, it’s time for the hard work of turning ideas for $4.5 trillion in tax cuts and $2 trillion of slashed spending into a bill that lawmakers warn could bring intense changes to Americans back home.
Does the House GOP budget resolution end taxes on tips? What we know so far.
The House plan paves the way for $4.5 trillion worth of tax cuts, but it's not yet clear if that will include Trump's proposal to end taxes on tips.
Republicans barrel toward showdown over Trump tax cuts after dramatic House budget vote
House and Senate Republicans are heading for a messy showdown over how long to extend President Donald Trump’s tax cuts. The two chambers are at odds over how to advance Trump’s agenda via the budget reconciliation process,
House GOP approves ‘big’ budget that includes $4.5T tax breaks, $2T in cuts
WASHINGTON (AP) — With a push from President Donald Trump, House Republicans approved a GOP budget blueprint Tuesday, a step toward delivering $4.5 trillion in tax breaks and $2 trillion in spending cuts despite a wall of opposition from Democrats and discomfort among Republicans.
House GOP Ways and Means Member Aims to Protect Muni Tax Break
A Republican member of the House Ways and Means Committee said he’s working to keep the federal tax exemption for municipal bonds intact as the chamber reconciles its budget framework with the Senate.
Republicans Consider Lies to Hide Cost of Trump Tax Cuts
Pretending trillions of dollars in high-end tax cuts are free may be convenient for the GOP, but it’s extremely dishonest.
Homeowners can get a tax break worth thousands of dollars—see if you're eligible
This rule lets homeowners deduct the interest they pay on their home loans, lowering their tax liability and reducing the amount they owe to the Internal Revenue Service in a given tax year. If your ...
Republicans Seek To Block Marijuana Tax Deductions Amid Potential Rescheduling
The bill aims to prevent marijuana businesses from claiming federal tax deductions under IRS Code 280E, even if the substance ...
It's not too late to take these tax deductions for 2024
The traditional and Roth IRA contribution limits for tax year 2024 are $7,000 total among all your accounts. To help Americans who are behind in their retirement savings, employees 50 or older can ...
Lowndes County municipalities opts out of House Bill 581; approves tax breaks for seniors and homeowners
Lowndes County leaders double homestead exemptions and boost senior tax relief, aiming to ease the financial burden.
Apply for property tax breaks by Friday in Onondaga County suburbs
On top of the state's STAR program, each town has a menu of tax breaks for seniors, veterans, firefighters, farmers and clergy ...
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Fact sheet, blog explain how not extending enhanced premium tax credits would hurt rural communities
A new fact sheet by the AHA explains why Congress should extend enhanced premium tax credits set to expire at the end of 2025 ...
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Preserving tax credits for private health coverage gets backing from both parties
At a town hall this week hosted by Democratic U.S. Rep. Sheila Cherfilus-McCormick on “The Future of Medicaid, Medicare, and ...
Philadelphia eyes tax breaks for office conversion projects
Philadelphia officials are considering doubling the tax abatement period for office conversion projects to 20 years.
A Guide to Tax Deductions for the Self-Employed
The general rule is that any ordinary and reasonable expense you pay while conducting a business activity is deductible in ...