The wide-ranging domestic policy legislation could impact your taxes, clean energy choices, health care access and more.

Will you get any benefit from tax break on OT, tips? What the big beautiful bill means for different income brackets.

The latest version of the GOP’s “big, beautiful bill,” which passed both houses of Congress this week and is headed to ...

What would the No Tax on Tips Act do? The bill would establish a new federal income tax deduction for cash tips up to a maximum amount of $25,000 per tax year, according to the legislation.. Cash ...

As the One Big Beautiful Bill Act (OBBBA) faces a critical test in the Senate, opponents are pointing to a Congressional ...

To test these effects, PIIE studied what would happen if tariffs were maximized in an attempt to replace income taxes. The result? The tax cut for the middle quintile of income earners would not ...

Who does 'no tax on tips' apply to? This tax break would apply to those who "traditionally and customarily received tips on or before December 31, 2023," per the bill, which includes "waiters ...

Under proposed changes in the House, most recipients could receive a smaller award. Campus leaders want the Senate to save it ...

Heads up: The 2025 tax bracket increases are the smallest in four years, but there are still important changes that could save you money. Here’s what you need to know!

In Louisiana, overtime pay, like all wages, is subject to both federal and state income tax. Currently, Louisiana's state income tax rate ranges from 1.85% to 4.25%, depending on income level.

The tax brackets you fall into determine how much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain ...

If someone’s income is more than $34,000 or a joint return’s income is more than $44,000 under a federal formula for such calculations, as much as 85% of the Social Security benefits can ...