The OBBB incorporates a bill known as the “ No Tax on Tips Act, ” which had previously passed the U.S. Senate in a surprising 100-0 bipartisan vote.

The tax bill includes a "Trump account," previously called a "money account for growth and advancement," or MAGA account. The government would put $1,000 into accounts for babies born after ...

The bill increases the deduction limit for state and local taxes (Salt). There is currently a $10,000 cap on how much taxpayers can deduct from the amount they owe in federal taxes. That expires ...