Canada, Donald Trump and tariffs
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14hon MSN
Make these 4 money moves before the end of the year to take advantage of Trump’s new tax cuts
The One Big Beautiful Bill Act, the sweeping tax and spending law passed over the summer, maintained key parts of President Donald Trump’s 2017 Tax Cuts and Jobs Act, like the current tax rates, while souping up several existing tax benefits.
Charitable tax deductions are about to see the biggest changes in nearly a decade in 2026 thanks to President Donald Trump ’s tax and spending package. The new rules affect both itemizers and non-itemizers,
From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax changes in Trump's so called "big beautiful bill."
President Donald Trump’s new tax bill cuts the income tax liability for many Americans.
Americans may see larger tax refunds in 2026, thanks to the IRS updatng delays to account for Trump's retroactive tax provision, an economist says.
President Donald Trump’s new tax bill cuts the income tax liability for many Americans.
Demand for home solar has surged since Trump repealed a federal tax credit worth about $8,000 per household by the year’s end.
For the 2025 tax year (returns filed in 2026), the Trump bill raises the standard deduction to $31,500 for couples filing jointly, $15,750 for singles and couples filing separately and $23,625 for heads of households. Those amounts previously were $30,000, $15,000 and $22,500.
Small businesses challenging many of President Donald Trump’s global tariffs urged the US Supreme Court to affirm lower court rulings that the import levies amount to a massive illegal tax on American companies.
The Trump administration’s tax bill offers business incentives, but local builders still face headwinds from inflation, labor shortages and tariffs.