This story was updated to add new information. This article originally appeared on USA TODAY: Trump's tax law offers big changes for your finances. Here's when they start .© .

CHARLESTON, W.Va. (WCHS) — While President Trump’s Big, Beautiful Bill rolls back tax credits for wind and solar power, coal used in steel making will receive tax breaks.

What no taxes on tips means for workers About 2.5% of the U.S. workforce, or 4 million workers, held jobs where tips are common in 2023, according to an analysis by the Yale Budget Lab. Of those ...

“Big Beautiful Bill”: Trump’s new law offers an annual tax credit of up to a $10,000 on the interest of loans for new vehicles as long as they're less than 14,000 pounds and assembled in the ...

The US Congress has passed President Donald Trump's huge tax breaks and spending cuts bill, bringing an end to days of debate and overnight voting in the Capitol. House Republicans propelled the ...

President Donald Trump has signed a significant Republican bill into law, marking a major legislative victory for his administration. The bill includes tax breaks, spending cuts, and increased ...

Trump's plan, part of his proposed " One Big Beautiful Bill," would exempt up to $25,000 in tips from federal income tax. However, you would still owe payroll taxes—7.65% for Social Security and ...

Now that President Donald Trump signed the bill, workers will be able to deduct up to $25,000 in reported tips and $12,500 in overtime pay from their taxable income on their federal tax returns.

With the GOP’s “big, beautiful bill” headed to President Trump’s desk, wealthy Americans are poised to receive significant tax breaks partly offset by steep cuts to social welfare programs.