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How tax breaks on overtime, tips work after Donald Trump's 'Big beautiful bill'
Now that President Donald Trump signed the bill, workers will be able to deduct up to $25,000 in reported tips and $12,500 in overtime pay from their taxable income on their federal tax returns. This means you won’t see an immediate boost in your take-home pay — taxes will still come out of your paycheck — but when you file for 2025 early next year,
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Republicans' sweeping spending bill has passed Congress; here's what to know about any plans for a stimulus check.
On the July 4 holiday, Healey signed the fiscal year 2026 budget lawmakers sent to her on June 30, in the process vetoing ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
President Donald Trump's massive tax and spending package levies a hefty tax on the universities with the largest endowments.
Jodi Grant from the Afterschool Alliance joins ABC News Live to discuss how the passing of the Trump's ‘big, beautiful bill’ ...
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President Trump’s reciprocal tariff pause deadline is Wednesday and his economic team says Americans can expect some major ...
Thursday's markup of three spending bills could include debate on funding for weather forecasting in the aftermath of recent ...
U.S. Sen. Josh Hawley was able to include the Radiation Exposure Compensation Act in a major budgetary package signed by ...
Federal budget bill slashes spending on Neighborhood Access and Equity Program. Big grant for Emerald Trail in Jacksonville ...
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