House passes Trump's 'big beautiful' tax bill
Digest more
Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.
Worried about IRS wage garnishment? Here's what to know about your options before more of your paycheck disappears.
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.
Tax cuts favored by President Trump are amplifying debt and deficit concerns and pushing 30-year Treasury yields to their highest level since October 2023.
Explore more
Proposed IRC Sec 899 in the House-passed One Big Beautiful Bill Act, would impose escalating tax penalties on foreigners from countries with unfair taxes on U.S. persons.