More tax provisions of 'One Big Beautiful Bill'
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With next year’s midterms looming, strategic timing is everything: tax breaks to households (and corporations) begin in 2025, while most sweeping social program cuts are delayed until 2028. Here’s a rundown of when the budget provisions that could most affect your household will begin:
Once upon a time, the idea of simplifying the federal tax code enjoyed widespread bipartisan political support. Times have changed in this regard, and not for the better. That’s bad news, and not just because of the headaches it causes taxpayers each April.
Boil down the hundreds of tax provisions in the sprawling legislation signed by President Donald Trump on July 4, and it becomes clear: The rates Americans pay will now depend less on how much money they make,
The move reveals both the power of philanthropic groups to sway legislators and a split in the administration’s coalition.
Oracle has challenged the property valuation of its Stargate data center site in Texas.
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Today in Ohio podcast reveals how new vehicle-related fees are actually tax increases that disproportionately burden average Ohioans while wealthy residents enjoy significant income tax reductions
Portugal's minority government will present a bill that would gradually cut the corporate tax rate to 17% by 2028 from 20% now, aiming to improve business competitiveness and boost investment, Prime Minister Luis Montenegro said on Thursday.
Tucked into the huge set of tax cuts that Republicans passed into law this month was the expansion of an unusually valuable tax break for start-up investors.