Tax season 2025: Itemize or take the standard deduction?
With tax season here, understanding whether to itemize deductions or take the standard deduction can help you maximize ...
South Carolina Goes From Tax Cut Laggard To Leader Under New Proposal
Under tax plan introduced by South Carolina House Speaker Murrell Smith (R), the state would go from having the region's ...
American Farm Bureau Federation7d
Farmers and Ranchers Need Tax Cuts and Jobs Act Extended
Smith: The 2017 Tax Cuts and Jobs Act is set to expire this year if Congress doesn’t take action. Dustin Sherer, director of ...
Businesses Sound Alarm Over GOP’s Corporate-Tax Idea
As lawmakers consider limiting corporations’ state and local tax deductions, companies warn of a backdoor tax increase.
ABC13 Houston on MSN10d
Senator Cornyn visits Houston to promote Tax Cut and Jobs Act amid economic uncertainty
ABC13 asked U.S. Sen. John Cornyn how President Donald Trump's tariffs impact small Houston businesses as inflation pecks ...
HeraldNet13d
Editorial: Don’t gut Medicaid for richest Americans’ tax cuts
Among the promises made leading up to the 2024 election, Donald Trump and Republicans pledged to extend most of the tax cuts ...
KVUE7d
US Sen. Cornyn advocates for extension of 'Tax Cuts & Jobs Act' in Austin, says it will help small businesses
AUSTIN, Texas — U.S. Sen. John Cornyn is advocating for an extension of the 2017 Tax Cuts and Jobs Act (TCJA), as its expiration date approaches at the end of the year. On Thursday, the Texas ...
KOMU7d
Taxes for small businesses could increase if federal law expires this year
Many provisions under the 2017 Tax Cuts and Jobs Act, which created tax cuts aimed at allowing small businesses to compete with large corporations, are set to expire at the end of the year.
As tax cuts expire, lawmakers consider new path
With government revenue set to increase by trillions of dollars with the expiration of a 2017 tax overhaul this year, Congress is looking at which corporate tax cuts it can set in stone, U.S. Rep.