An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a decade.

The 'Big Beautiful Bill' signed by President Trump promised to eliminate taxes on Social Security benefits. However, the reality is more nuanced, offering significant tax relief but not a complete elimination.

If you’re banking on tax-free overtime to boost your paycheck, you’re out of luck. Trump’s “big beautiful bill” doesn’t change what you’re paid; it changes what you’re taxed. That happens at tax time, not on payday. Employers will keep withholding taxes as usual, and it’s up to you to apply the deduction — if you qualify — when you file.

President Donald Trump ’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known as SALT. But the phaseout, or income-based benefit reduction, could trigger a tax surprise for some higher earners, experts say.

You now have less than six months to claim a tax break for a heat pump, solar panels, and other expenses to make your abode greener.

Receiving a big tax refund can feel like winning the lottery. The direct deposit hits, and suddenly there’s extra money in your account. For many Americans,

Trump's tax and spending law will impact education savings, gambling losses and tips. Here's a breakdown of the highlights.