Tax Exemption, Beautiful Bill
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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 for Public Affairs Research. Most — about 6 in 10 — think it will do more to hurt than help low-income people. About half say it will do more harm than good for middle-class people and people like them.
President Donald Trump's "big beautiful bill" includes a section for "no tax on tips." Now that the provision is enacted, here's what experts know so far.
Clear Start Tax breaks down how income from platforms like TikTok, YouTube, and Instagram can trigger audits if not reported correctly. IRVINE, CA / ACCESS Newswire / July 18, 2025 / As more Americans turn to social platforms for income,
The law is creating backlash from the gambling industry and bettors who could owe taxes even if they break even.
Once upon a time, the idea of simplifying the federal tax code enjoyed widespread bipartisan political support. Times have changed in this regard, and not for the better. That’s bad news, and not just because of the headaches it causes taxpayers each April.
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Passage of Donald Trump’s sweeping tax, health and spending bill was no small feat for Republicans, but selling it to the American people may prove to be tougher, even for a president who built a career on savvy branding.
Tucked into the huge set of tax cuts that Republicans passed into law this month was the expansion of an unusually valuable tax break for start-up investors.
Instead of paying up, wealthy expats are getting out—sparking questions about whether the move will raise any money at all.