The Tax Relief for American Families and Workers Act of 2024, also known as the "One Big Beautiful Bill," has officially passed. While a stated goal of this act is to boost the economy and lower taxes ...
Treasury Secretary Scott Bessent criticized blue states that have declined provisions in the One Big Beautiful Bill Act, accusing them of playing the Grinch against citizens’ Christmas tax relief.
Legislation passed by Congress will allow the IRS to grant tax relief when a governor declares either a disaster or state emergency rather than waiting for a federal disaster declaration, which may ...
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