Tax Breaks
Latest
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Millions Could Lose SNAP Food Benefits Under Trump Tax Cut Plan
Tax Policy The House Agriculture Committee approved nearly $300 billion in cuts to SNAP benefits, putting many at risk of hunger.
By Gabriella Cruz-Martínez Published
Tax Policy -
EV Charger Tax Credit: What You Need to Know
Tax Credits The federal EV charger tax credit is back for now, with a few key changes to know.
By Kelley R. Taylor Last updated
Tax Credits -
The 2025 Estate Tax Exemption
Estate Tax The IRS increased the exemption before the new GOP House tax bill was proposed. Find out how the plan could permanently change the threshold for estate taxes.
By Kate Schubel Last updated
Estate Tax -
Trump's ‘One Big, Beautiful Bill’ With Trillions in Tax Cuts: House Vote
Tax Policy Is it possible to combine taxes, border security, and energy policy into a single piece of legislation to be passed by Independence Day?
By Kelley R. Taylor Last updated
Tax Policy -
SALT Cap Increase? What to Expect in 2025 Tax Reform
Tax Deductions Some lawmakers say it’s past time to increase the $10,000 cap on state and local tax deductions, and President Trump seems to agree.
By Kelley R. Taylor Last updated
Tax Deductions -
The TCJA: Key Facts on the 2017 Tax Cuts and What's Next for 2025
Tax Law How will a possible extension of expiring TCJA provisions impact your wallet?
By Kate Schubel Last updated
Tax Law -
Want to Lease an EV? The Tax Credit 'Loophole' for That Could Go Away Soon
Tax Credits If you are deciding whether to lease or buy a car, here's what you need to know about the EV lease tax credit.
By Kelley R. Taylor Last updated
Tax Credits -
Missouri Leads Capital Gains Tax Repeal: Will Your State Follow?
State Tax As one state becomes a test case, policymakers and taxpayers across the U.S. will be watching closely to see what happens next.
By Kelley R. Taylor Last updated
State Tax -
New Overtime Tax Deduction Proposed for Millions Working Extra Hours
Tax Law Some lawmakers and President Trump want to offer overtime tax relief. But will a tax deduction or an exemption help you most?
By Kelley R. Taylor Last updated
Tax Law