Got questions about the new deductions for tips, overtime, seniors and car loans? Here’s what you’ve been asking—along with my answers—about those, as well as other updated tax provisions. The One Big ...
WASHINGTON − What happens in Vegas will be staying more with the IRS from now on. That’s because of an obscure provision to reduce the tax deduction for gambling losses, which Congress recently ...
Fund managers and Wall Street executives say a small provision inside the Big, Beautiful Bill could crush foreign investment into the United States. The sweeping budget and tax bill that passed the ...
The Omnibus Big and Beautiful Bill Act (OBBBA) represents a significant shift in the U.S. tax landscape, cementing key provisions from the 2017 Tax Cuts and Jobs Act (TCJA) into permanence. By doing ...
A gambling tax provision in President Trump’s megabill that passed Congress earlier this month is ruffling feathers on both sides of the aisle. Tucked into the approximately 1,000-page tax and ...
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