Tag Archives: Tax

Trump Mulls Removing Capital-Gains Tax on Home Sales. The Aim Is to Juice the Housing Market.  Barron’s Trump says he’s considering a new tax break. Here’s how it could impact the housing market.  USA Today Trump floats eliminating capital gains tax on home sales. What would that mean?  CBS News Will Trump Eliminate Capital Gains Taxes For Home Sales? Here’s What To Know  Forbes …

US considering removing tax on capital gains on home sales, Trump says  Reuters Trump says he’s considering a new tax break. Here’s how it could impact the housing market.  USA Today Trump floats eliminating capital gains tax on home sales. What would that mean?  CBS News Will Trump Eliminate Capital Gains Taxes For Home Sales? Here’s What To Know  Forbes Trump Looking at Removing …

Republican tax law leaves experts searching for words  Politico Trump’s ‘big beautiful bill’ includes these key tax changes for 2025 — what they mean for you  CNBC New tax law increases big beyond-the-grave tax break for the wealthy  CNN What to Know about “No Tax on Overtime” and “No Tax on Tips”  National Association of Home Builders | NAHB One Big Beautiful Bill tax …

New Federal Tax Credit Boosts School Choice—but Blue States Face Big Decision  The Wall Street Journal New federal vouchers could be “stacked” onto Arizona school choice programs  Axios What the ‘One Big Beautiful Bill’ will change for students, schools and colleges  NPR Congress gives school choice back to Illinois’ low-income students  Illinois Policy Trump’s private school vouchers create ‘conundrum’ for blue states on whether …

It’s been about two weeks since President Donald Trump’s “big, beautiful bill” became law, and financial advisors and tax professionals are still digesting what the sweeping legislation means for clients. Meanwhile, several changes are effective for 2025, which will impact tax returns filed in 2026. While the Trump administration has been promoting “working family tax cuts,” the legislation’s impact depends …

The Republican tax bill signed into law earlier this month could result in a significant death toll for people seeking treatment for opioid addiction, according to a group of health economics researchers.  Specifically, cuts to Medicaid could result in large numbers of the program’s beneficiaries losing access to medications for opioid use disorder, per the new estimate, which was published …

WASHINGTON (AP) — Republican elected officials are promoting their recently passed tax and spending bill as a win for working Americans, but a new survey shows that Americans broadly see it as a win for the wealthy. About two-thirds of U.S. adults expect the new tax law will help the rich, according to the poll from The Associated Press-NORC Center …

KEY TAKEAWAYS The ‘Big, Beautiful Bill’ increases some major tax deductions for the 2025 tax year, but also ends other credits. The bill raises the standard deduction by $750 to $1,125 for taxpayers who don’t itemize their 2025 taxes. Taxpayers who do itemize can deduct four times more of what they paid in state and local taxes than in previous …

The cost of electricity is poised to surge across the US in the wake of Republican legislation that takes an axe to cheap renewable energy, with people in states who voted for Donald Trump last year to be hardest hit by the increase in bills. As air conditioners crank up across the US during another sweltering summer amid an unfolding …

Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s… Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s new tax-cut law, many people for the first time also could claim a tax deduction for interest on their vehicle …