The One Big Beautiful Bill Act introduced a new deduction called No Tax on Overtime for the 2025 tax filing season.

The new Trump tax law, built around The One Big Beautiful Bill Act, is reshaping how Americans will be taxed in 2026 and making a zero federal income tax bill a realistic outcome for some households.

The IRS has announced that new tax-reporting rules are forthcoming for overtime compensation under recent federal tax legislation commonly known as the “One Big Beautiful Bill” (the “Bill”). 1 ...

WASHINGTON — With tax season underway, Maryland residents could see more cash returned to them because of federal tax laws that were enacted last year — but whether it’s a subtle bump or a larger ...

States have major decisions to make in 2026 about the social safety net and taxes in the aftermath of a sweeping law President Donald Trump signed last year. Video above: House votes on health ...

SPRINGFIELD, Ill. (WTVO) — Illinois tipped workers hoping for a break under the new federal tax law are in for a surprise: the state will continue taxing tips. Illinois has rejected adopting a new ...

New federal tax exemption has wealth managers shifting estate plans Matthew Lee, director of wealth strategies at Wilmington Trust's Emerald Family Office and Advisory, sits down with InvestmentNews ...