Michigan Governor Gretchen Whitmer signed House Bill 4961 into law on Oct. 7, 2025, decoupling the state from the five provisions of the federal One Big Beautiful Bill Act. Immediate deduction of ...

Treasury Secretary Scott Bessent said American households will see "very large refunds" in the tax filing season early next year following policy changes under the One Big Beautiful Bill Act (OBBBA).

The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for this year. So it’s worth having the rundown of ...

EXCLUSIVE: Second lady Usha Vance worked to ensure a provision limiting the use of cellphones in Department of Defense Education Activity (DoDEA) classrooms was included in the National Defense ...

The "One Big Beautiful Bill Act" (OBBBA) will bring several changes for the 2025 tax year. The OBBBA continues current tax rates and adjusts the standard deduction figures for the next two years.

The new year will bring a host of tax benefits that Americans can take advantage of when filing their taxes in a few weeks. The IRS released its guidance for the "no tax on tips" and "no tax on ...

(NEXSTAR) – Thanks to a number of changes to the tax code under the One Big Beautiful Bill, Trump administration officials are projecting Americans will enjoy the largest tax refund ever in 2026. Ways ...

Yes, the federal government will take a cut of Social Security, which can include monthly retirement, survivor and disability benefits, if total income exceeds certain amounts. But recipients also ...

The first tax season under President Trump’s One Big Beautiful Bill Act is fast approaching – and most filers can expect a slew of fresh and enlarged deductions that will result in bigger refund ...

LAS VEGAS (FOX5) — New tax provisions going into effect on January 1 could impact what you owe the IRS -- whether you gamble a little or a lot. FOX5 has told you how gamblers, resorts and casino ...

WASHINGTON—The Senate approved a sweeping defense-policy package despite alarm over a provision that rolls back safety measures put in place following the fatal midair collision in January between a ...