House passes Trump's 'big beautiful' tax bill
Digest more
Worried about IRS wage garnishment? Here's what to know about your options before more of your paycheck disappears.
Frank Santucci is accused of keeping two sets of records and bank accounts: One for his tax accountant, and another where he could deposit unreported cash earnings from the restaurants.
Tax breaks on tips and overtime pay ‘are in a very solid position to survive this bill process.’ But that’s not the end of the story.
18hon MSN
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out over $500,000.
Investors are fearing that projections for the U.S. debt mountain could increase further when a sweeping tax and spending bill goes through the Senate, with the risk that bond yields stay higher for longer.
Explore more
Brazil went back on a plan to tax transfers to offshore funds after the announcement sparked a currency selloff, with Finance Minister Fernando Haddad saying Friday morning that there was an understanding that it was worth reviewing the idea to avoid speculation.
Thursday morning's vote is already at the center of ads in swing districts, as Democrats and Republicans battle for control of the House in the midterm elections.