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Trump's tax and spending law will impact education savings, gambling losses and tips. Here's a breakdown of the highlights.
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An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a ...
The legislation creates tax credits for individuals up to $1,700 when they donate money to programs that support school choice. But it includes a provision allowing governors to decide against ...
Grinnell College would have been the only Iowa school affected by a tax increase on colleges with large endowments in ...
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The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from ...
Congressional Republicans are looking to take a second bite of the apple with a ‘big, beautiful bill’ 2.0 in the fall, but ...
Under the bill, the SALT cap temporarily increases to $40,000 per year, so long as your annual income does not exceed ...
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