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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,
Burning Questions: Trump’s “Big Beautiful Bill” passed. What now for the climate?
Last week a massive spending and tax bill, named the “One, Big, Beautiful Bill” was signed into law by President Trump. It includes major cuts to clean energy tax credits, pushed forward by the Biden Administration’s Inflation Reduction Act (IRA).
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Senate Bill Would Unmask ICE AgentsSenate Democrats have proposed legislation that would ban Immigrations and Customs Enforcement agents from hiding their faces ...
A long-awaited expansion of Sunday hunting in Pennsylvania is now law, following the signing of House Bill 1431 by Governor ...
Democratic lawmakers from New Hampshire unite against President Donald Trump's $3.4 trillion bill, but the party's ...
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Introduction Electricity demand in Texas is growing at rates not seen in over 70 years, and is projected to continue ...
Thursday's markup of three spending bills could include debate on funding for weather forecasting in the aftermath of recent ...
The Senate narrowly passed President Trump's massive tax and spending bill Tuesday after a marathon series of amendment votes ...
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A Senate vote on a bill that would sanction Russia for its war with Ukraine could happen soon, Senate Majority Leader John Thune (R-S.D.) said Wednesday on the floor. The veto-proof legislation, ...
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