Donald Trump signed his 'big beautiful' tax and spending bill into law July 4. Here are the five biggest winners and losers: ...

Tax deductions introduced in the "One Big, Beautiful Bill" could benefit older and working Americans the next time they file ...

The White House has said workers benefiting from the deduction could see up to $2,000 in annual federal tax savings.

However, the increase means 300,000 more pensioners could be hit with a “retirement tax” as a result of the frozen personal allowance, according to former pensions minister Steve Webb.

At its core, the bill permanently extends the tax cuts introduced in the 2017 Tax Cuts and Jobs Act while introducing a raft of new breaks. Some, such as an expanded child tax credit and an ...

Workers who pick up extra shifts may now qualify for temporary relief on their overtime pay. From 2025 through 2028, single ...

The Trump tax and spending plan is now law. At nearly 900 pages, there is plenty to absorb – and even something for everyone, ...

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.