A provision in the One Big Beautiful Bill Act, recently signed into law by President Trump, will create the country’s first ...

The plan, part of the Republican domestic policy bill, includes all but the wealthiest families. But states must opt in, ...

The affordable housing industry is poised to see the largest investment in low-income housing tax credits (LIHTCs) in decades ...

President Donald Trump's signature legislative package passed a final vote on July 3. Here's what Memphis-area residents ...

Experts worry that the law will have a detrimental impact on America’s universities—changing who gets to attend college and ...

President Donald Trump’s 'One Big Beautiful Bill' (OBBB) has narrowly passed the US Congress after a fierce battle and will ...

Nick West, a part-time computer science teacher, spends a lot of time in the carpool line of his Mobile private school, fielding question after question about scholarships and financial aid. For local ...

Following the passage of the 'One Big Beautiful Bill Act' by the US Congress today, the President of the US Conference of ...

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

Midrange earners stand to see meaningful savings, too. A warehouse supervisor earning $60,000 with $10,000 in overtime could ...

$220.00 federal income tax withholding + 76.50 total FICA withholding + 46.30 state income tax withholding = $342.80 in total bonus tax withholding. The net bonus you issue to your employee equals ...

However, the IRS usually taxes that money. If tips are part of your pay, the federal tax agency treats every dollar you receive, whether left on the table in cash or added to a credit card receipt ...