Tax
TikTok’s Chinese workers seek tax compensation for US relocation
[ad_1] [BEIJING] Some of TikTok’s Chinese employees are requesting company compensation for additional taxes incurred due to their relocation to the US, according to sources familiar with the matter.The workers...
Will the new tax break for car loans boost sales? What to know
[ad_1] Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s new tax-cut law, many people for the first time also...
There’s a new tax deduction for car loans in Trump’s Big Beautiful Bill. Here’s who’s eligible—and what’s the catch
[ad_1] While the “No Tax on Tips” provision in President Donald Trump’s One Big Beautiful Bill Act has been making headlines for its tax deductions on tips and overtime, there...
‘No Tax on Tips’ is now the law: What workers should know about timeline, how paychecks will be impacted
[ad_1] The “No Tax on Tips” provision, passed and signed into law on July 4 as part of President Donald Trump’s One Big Beautiful Bill Act, allows eligible tipped workers...
A Social Security email praised Trump’s tax bill—but experts say it lied
[ad_1] Trump’s “big, beautiful bill” has a lot of moving parts, but one thing it won’t do is end taxes on Social Security benefits, as he has claimed. The bill,...
Wind and solar companies are racing to build before their tax credits disappear
[ad_1] A proposed solar farm in New Mexico aims to finish construction by 2029 or 2030. But the developer that hopes to build it now plans to buy solar panels...
Trump plans to sign his tax and spending cut bill at the White House July 4 picnic
[ad_1] President Donald Trump plans to sign his package of tax breaks and spending cuts into law Friday after his cajoling produced almost unanimous Republican support in Congress for the...
Thinking of buying an EV? Your tax credit window is closing
[ad_1] Buying or leasing an electric vehicle (EV) will no longer come with a federal tax credit. On Thursday, Congress approved legislation, which Trump has called the “big, beautiful bill.”...
Big, beautiful wins: Passage of sweeping tax cut legislation caps summer of victories for Trump
[ad_1] His critics said President Trump would find it impossible to pass his tax cut mega-bill through Congress, let alone get it done before the July 4 recess. [ad_2] Source...
AOC Exposes Catch in “No Tax on Tips” Rule in Trump’s Budget
[ad_1] The no tax on tips provision of Donald Trump’s budget cannot be the pro-labor gift that the president has made it out to be while the rest of the...
No tax on tips or overtime, with a catch: What to know as Trump’s ‘big, beautiful bill’ passes the Senate
[ad_1] On Tuesday, the Senate narrowly passed President Donald Trump’s One Big Beautiful Bill Act with a 50-50 vote—with Vice President JD Vance breaking the tie—to get the legislation across...
