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The data exaggerates the tax gains for households with modest incomes by focusing on the change in their tax liability, rather than their after-tax income — the measure analysts more commonly use. Now ...

Taxable income is the portion of your gross income that is subject to federal tax. Taxable income and gross income differ for several reasons. Additionally, tax deductions and credits can lower the ...

German forklift truck maker Jungheinrich said on Monday it had agreed to sell its Russian unit to a Russian financial ...

Several provisions of Trump's bill are poised to be retroactive to 2025 or take effect in 2026, and they may shift how ...

The One Big Beautiful Bill (“OBBB”), signed by President Trump on July 4, 2025, allows workers (subject to dollar and income limitations) to deduct, on their U.S. federal income tax return, overtime ...

Swedish garden equipment maker Husqvarna reported its second-quarter operating profit above market expectations on Friday, ...

ABB posted a second-quarter net profit increase that beat market expectations as it continues to capitalize on booming demand from artificial intelligence and data-center infrastructure.

Opinions of the One Big Beautiful Bill tend toward the extreme. One of its main authors calls it “the greatest piece of ...

The bill also keeps the lower rates from the 2017 law, which accounts for a lot of its multitrillion-dollar cost. That’s something America can’t really afford — but it doesn’t need a sudden $4.5 ...

Ardent Mills’ earnings after taxes in the year ended May 25 were $369.2 million, up 2.1% from $361.5 million a year earlier.