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As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction ...
Blackburn: Trump signed a law that cuts your taxes, bolsters border security and enhances Tennessee jobs, with zero cuts to Medicaid benefits.
The bill includes several tax-related initiatives, one of which is the elimination of tax on tips. Here's what to know.
The annual cost-of-living-adjustment isn't keeping up with inflation, according to The Senior Citizens League advocacy group.
President Trump’s One Big Beautiful Bill delivers the largest tax cuts in decades. But the benefits aren’t evenly distributed ...
Starting in 2025, the first $12,500 of overtime pay for single individuals (or $25,000 for married couples) will not be subject to Social Security and Medicare taxes.
President Donald Trump's spending and tax bill — known as the “one, big, beautiful bill” — doesn’t bode well for Michigan’s youngest children and families, according to experts.
While the final COLA won’t be announced until October, projections are becoming more refined as midyear data solidifies. This ...
Can our state do anything to offset Trump administration cuts in Medicare and food stamps? "Everybody can do something," ...
20hon MSN
Vice President JD Vance on Wednesday made the Trump administration's first big pitch to sell the public on President Donald ...
President Trump made history. He signed into law the One Big Beautiful Bill — a once-in-a-generation victory that fulfills ...
The new federal budget law, the One Big Beautiful Bill Act (the Act), enacted on July 4, 2025, makes dramatic changes to the Medicaid program. Health care providers, plans, patients, and other ...
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