Tax season is right around the corner and there are changes coming to the federal tax laws for people who rely on tips or overtime as part of their income. The president is promising no taxes on tips ...
The Southern Maryland Chronicle on MSN
Tax Relief: Higher Deductions for 2026 Filers
The Internal Revenue Service last month released its annual inflation adjustments for tax year 2026, raising federal income tax brackets and standard deductions to offset rising costs. The changes, ...
The U.S. Senate has passed the Filing Relief for Natural Disasters Act, a bipartisan bill sponsored by Sens. John Kennedy, R-La., and Catherine Cortez Masto, D-Nev., that would expand federal tax ...
New York, Illinois, and Colorado have opted out of tax relief measures included in Trump's One Big Beautiful Bill Act.
Permanent tax cuts, a higher SALT deduction and new relief for seniors, families and small businesses may help ease rising ...
Trump is weighing a decision to move marijuana to Schedule III, which could ease taxes and expand medical access. Still, ...
In a party-line vote, the Legislative Council voted to reject a tax conformity legislative request from Sen. Jeff Timberlake, R-Androscoggin. Sen. Timberlake’s proposal would conform Maine fully to ...
KANSAS CITY, Mo. — Following days of debate on Capitol Hill, the final vote to pass President Donald Trump's mega-spending bill was a close call in the U.S. House. While some of the bill's provisions ...
Older Vermonters are now among the millions of retirees nationwide who stand to benefit from a major federal tax change. Under the One Big Beautiful Bill, a new senior tax deduction will phase out ...
California and New Jersey are two of the states that would benefit from a SALT deduction increase. A new tax deal in Washington could bring long awaited relief to homeowners in high tax states—all it ...
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