19 hours ago · A three-day meeting of U.S. House Republicans, meant to jumpstart President Donald Trump's $4 trillion tax cut agenda, ended on Wednesday without a deal as party fiscal hawks refused to move ahead ...

Jan 10, 2025 · On Friday, the U.S. Treasury released a new analysis of the various ways that extending the expiring individual and estate tax provisions of Trump’s 2017 tax overhaul — known as the Tax Cuts and Jobs Act — could cost the government, and who would directly benefit the most from the legislation’s permanent extension.

5 days ago · A key economic priority for President Trump this year is to extend the provisions in his signature Tax Cuts and Jobs Act, a 2017 law that lowered tax rates for most Americans, before they expire ...

Jan 23, 2025 · Extending the tax cuts he signed into law in 2017 alone is expected to cost $5 trillion. That has left Republicans casting about for ways to offset those costs. The budget panel’s menu of ...

Jan 8, 2025 · Tax breaks were a big issue on the campaign trail, and Congress will be focusing on ways to cut taxes and prevent tax increases that are currently scheduled to take effect in 2026.

Dec 20, 2024 · In addition to extending the Tax Cuts and Jobs Act, one of his signature achievements in his first term, President-elect Donald Trump has proposed a long list of tax cuts, from eliminating taxes on...

Jan 17, 2025 · The legislation slashed marginal tax rates for almost every individual income bracket, created a larger standard deduction and expanded the child tax credit. For businesses, the law cut the ...

Jan 23, 2025 · The TCJA (Tax Cuts and Jobs Act) is a sweeping tax overhaul that reduced tax rates, changed processes, and restructured individual and corporate tax frameworks.

Oct 24, 2024 · hikes when the temporary tax cuts from the 2017 Tax Cuts and Jobs Act (TCJA) sunset after 2025. The Congressional Budget Office (CBO) has published projections of what the tax system could look like in 2026 if the TCJA’s changes go away as scheduled.

Jul 22, 2024 · Tax brackets, income tax rates, child tax credit, state and local tax deductions, mortgage interest deductions and much more will literally change overnight.