Tax breaks in the megabill, like no taxes on tips and overtime, only apply to people at certain income levels.

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At nearly 900 pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities.

In recent months, the IRS has revised a public announcement and issued a practice unit on IRS Form 3520-A reporting and ...

US Senate Republicans passed President Donald Trump's massive tax-cut and spending bill on Tuesday (July 1) by the narrowest ...

Wind provides about 10% of the electricity generated in the U.S., according to the U.S. Energy Information Administration, ...

Racing to meet President Donald Trump’s July 4 deadline, the House approved his massive tax and spending cut package on ...

The US Congress has passed Trump's USD 4.5 trillion 'Big Beautiful Bill,' marking a major victory in his second term. The ...

Trump took the stage in the Hawkeye State and championed the GOP-led "big, beautiful bill" while attacking Democrats who ...

The bill's passage is *** key victory for President Donald Trump and GOP leadership who persuaded enough Republican holdouts ...

President Donald Trump said his "big beautiful bill" will turn the U.S. into "a rocket ship" after Congress passed what he called the biggest bill of its kind ever signed.