The federal One Big Beautiful Bill Act will have an arguably big impact on the state of Montana in revenue decrease.

The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering ...

Among the multiple provisions within the bill President Donald Trump signed last week are several that could directly impact you, including no tax on tips.

A new tax deduction offers significant relief for American taxpayers aged 65 and older, providing up to $6,000 per individual. This initiative, signed into law by President Donald Trump, aims to ease ...

Around 10% of people itemize their deductions now, and they are typically wealthier. The other 90% take the standard deduction, which expanded in the 2017 Trump tax cuts and will get bigger under the ...

The recent passage of the One Big Beautiful Bill has received a lot of discussion in the press these past few weeks as the ...

Trump promised to eliminate the tax on Social Security benefits in his 2024 campaign, but the bill instead adds a new ...

Several of the provisions in the law are not permanent, and will expire in 2028.

Many Americans received an email from the Social Security Administration applauding the megabill's passage. Experts say it ...

Every dollar saved on taxes over the new few years could help offset the impact of the numerous safety-net cuts.

Workers who pick up extra shifts may now qualify for temporary relief on their overtime pay. From 2025 through 2028, single ...