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Around 10% of people itemize their deductions now, and they are typically wealthier. The other 90% take the standard deduction, which expanded in the 2017 Trump tax cuts and will get bigger under the ...
The next tax-filing season — for 2025 taxes — might be one to remember, but not for reasons taxpayers would prefer. While many provisions of the new federal budget law signed by President Donald Trump ...
Several of the provisions in the law are not permanent, and will expire in 2028.
Dark money may be heading to a church near you because the Trump administration has said it will no longer enforce the ...
The new tax law makes substantial changes for the 2025 tax year. Here are 6 new tax provisions that could help you save on ...
In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers four questions on the "One Big ...
The policy change reverses a ban on endorsing or opposing candidates by religious organizations known as the Johnson ...
IRS repeal of church political restrictions energizes GOP strategies but alienates the faithful who value spiritual over ...
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) ...
An under-the-radar provision inside President Donald Trump’s “One Big, Beautiful Bill Act” will reduce the amount of gambling ...
The rule was introduced by former President Lyndon B. Johnson in 1954 when he was serving as the U.S. Senate majority leader.
A small provision added to President Donald Trump’s “One Big Beautiful Bill Act” — that came to light days before the ...