President Donald Trump’s new tax bill cuts the income tax liability for many Americans. Altogether, roughly 40% of U.S.

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If you owe back taxes, finding a way to resolve the issue can be tough, especially if the Internal Revenue Service (IRS) starts sending letters, placing liens or threatening levies. In these ...

H.R. 1, P.L. 119-21, the law commonly known as the One Big Beautiful Bill Act (OBBBA), contains provisions of special ...

On July 4, 2025, President Donald Trump signed into law the nearly 900-page One Big Beautiful Bill, a comprehensive package of tax cuts and fiscal policy changes. The bill includes significant ...

As the end of the year approaches, the Internal Revenue Service (IRS) is urging taxpayers to take early steps to prepare for the 2025 tax filing season. The advice is part of the agency's "Get Ready" ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Concept image for filing federal income taxes online and being ...

This article originally appeared on GOBankingRates.com: Did the New Tax Law Help or Hurt Ordinary Americans? Taxpayers Share Their Stories The Tax Cuts and Jobs Act of 2017 was meant to benefit middle ...