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Republicans Push Ahead on Trump Tax, Spending Plans, Despite Intra-Party Dissent
The vote came after an all-night debate that saw at least one lawmaker fall asleep at his post. Republicans rejected a series of proposed changes by opposition Democrats, who blasted the bill as a wasteful giveaway to the wealthy that would shred health and food benefits for the poor and worsen the nation's financial standing.
A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...
The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions.
As Congress deliberates these proposals, the potential impact on taxpayers, businesses, and the broader economy remains a ...
The House Ways and Means Committee advanced its tax portion of President Donald Trump’s ‘big, beautiful bill.’ Here’s what’s ...
According to the release, taxpayers also have up to six months after the due date of the taxpayer’s federal income tax return for the disaster year, without regard to any extension of time to ...
or about 1.5% reduction in income. In comparison, families with higher incomes would benefit from the extension of the 2017 tax cuts, including the expansion of the child tax credit. For ...
The IRS extended the tax deadline for all North Carolina residents. North Carolina residents have until Thursday, May 1 to ...
Alabama residents automatically received a filing extension for federal income taxes due to experiencing natural disasters across the state. The usual April 15 deadline was pushed to May 1 for ...
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