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What taxpayers need to know about Trump’s big bill: Here are the main tax changes
The almost 900-page bill has plenty to say about taxes, and an array of changes, new credits and deductions are part of the new bill. But at its heart, the bill is about extending the tax provisions passed under the Tax Cuts and Jobs Act of 2017, during Trump’s first administration.
Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the ...
Clear Start Tax explains how income mismatches trigger audits, and what taxpayers can do to stay compliant. IRVINE, CA / ...
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IRS Raises 401(k) Limits to $23,500 in 2025 – Key Changes in the New Big Beautiful BillAmericans saving for retirement will benefit from increased contribution limits for their 401(k) accounts in 2025, following a decision by the IRS. However, these adjustments come alongside the ...
The 'One Big Beautiful Bill Act' (OBBBA), signed by President Trump on July 4, 2025, introduces a groundbreaking change for ...
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IRS no longer allows moving expense deduction under new lawUnder the new 'One Big Beautiful Bill,' the IRS is permanently ending the moving expense deduction for most taxpayers after December 31, 2025, with exceptions for some government workers.
The new tax law makes substantial changes for the 2025 tax year. Here are 6 new tax provisions that could help you save on ...
The U.S. Senate has passed the Filing Relief for Natural Disasters Act, a bipartisan bill sponsored by Sens. John Kennedy, ...
IRS’ updated process for FAQs on new tax legislation. IR-2021-202. IR-2021-202 is a press release that announces changes to the IRS “process for certain [FAQs] on newly enacted tax ...
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