How Senate, House GOP ‘big beautiful’ bill plans differ
Senate Majority Leader John Thune (R-SD), left, listens to Sen. Mike Crapo (R-ID), center, chair of the Senate Finance Committee, speak to reporters outside of the West Wing of the...
Tag: tax planning
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Senate ‘big beautiful’ tax bill has $1,000 baby bonus
How Trump accounts work Not unlike a 529 college savings plan, Trump accounts come with a tax incentive. Earnings grow tax-deferred, and qualified withdrawals are taxed as long-term capital gains. Under...
Senate version of ‘big beautiful’ bill calls for $6,000 senior...
The Senate has begun deliberations over President Donald Trump’s massive “Big Beautiful Bill” that narrowly passed the House on May 22. Bloomberg | Bloomberg | Getty Images The Senate version...
Child tax credit could change under Republicans’ big beautiful bill
Oscar Wong | Moment | Getty Images As Senate Republicans race to pass President Donald Trump’s “big beautiful” spending bill, key provisions, including the child tax credit, could change amid...
Senate GOP ‘big beautiful’ bill gives tax break on car...
Senate Majority Leader John Thune (R-SD) speaks during a news conference following the weekly Senate Republican policy luncheon at the U.S. Capitol on June 17, 2025. Anna Moneymaker | Getty...
How to get full ‘big beautiful’ bill car loan interest...
A Rolls-Royce Spectre all electric luxury coupe is displayed at Rolls-Royce Motor Cars dealership showroom in London. John Keeble | Getty Images News | Getty Images Republicans are trying to...
Billy Long confirmed as IRS Commissioner amid sweeping agency cuts
Former Rep. Billy Long, R-Mo., nominee to be commissioner of the Internal Revenue Service, testifies during his Senate Finance Committee confirmation hearing in Dirksen building on Tuesday, May 20, 2025....
How House Republicans’ ‘big beautiful’ bill may affect children
Speaker of the House Mike Johnson, R-La., pictured at a press conference after the House narrowly passed a bill forwarding President Donald Trump’s agenda on May 22 in Washington, DC....
The second-quarter estimated tax deadline for 2025 is June 16
Pra-chid | Istock | Getty Images The second-quarter estimated tax deadline is June 16 — and on-time payments can help you avoid “falling behind” on your balance, according to the...
2024 2025 ACA Health Insurance Premium Tax Credit Percentages
If you buy health insurance from healthcare.gov or a state-run ACA exchange, there used to be a hard cutoff for whether you qualify for a premium tax credit. You didn’t...
