Senate Passes President’s “Big, Beautiful Bill”

Vice President Vance voted to break the 50-50 tie. Vice President JD Vance voted to break the 50-50 Senate tie to pass President Donald Trump’s “One, Big, Beautiful…

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Congress Nears Deadline to Pass President’s Agenda Legislation

President Trump urged legislators to approve it by July 4 or delay their recess. The majority in Congress are nearing the original deadline of July 4 that was…

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Senate Negotiates “Big Beautiful Bill”

Majority Leader Thune working to maintain a majority to pass the legislation in the upper chamber. The “Big, Beautiful Bill” being negotiated by Congress was sent to the…

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Supreme Court Grants DOGE Access to Social Security Data Systems

The majority said there is no evidence that DOGE would mishandle data. The Supreme Court ruled last week that the Department of Government Efficiency (DOGE) may be allowed…

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House Majority Addresses Tax Policies in Reconciliation

The proposal includes no tax on tips and remittance tax for dollars flowing out of the country. The House majority released their massive budgetary proposal on Monday, outlining…

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Senator Proposes Legislation to Strengthen Social Security

The bill would raise the income threshold on which Social Security recipients pay taxes. U.S. Senator Marsha Blackburn of Tennessee has proposed the Retirees First Act, which would…

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IRS Employees Must Wait Until After Tax Season to Accept Paid Federal Leave

They received a letter specifying May 15 as the date key positions are eligible. Employees at the Internal Revenue Service received notice last week informing them that they…

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FTC Finalizes Settlement with H&R Block Over Unfair Practices

The tax prep company was ordered to repay $7 million to customers, downgrade processes, and improve transparency. The Federal Trade Commission (FTC) finalized a settlement requiring H&R Block…

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Taxes and Tariffs

The U.S. Cabinet serves as one of the most crucial components of the executive branch of the federal government, assisting the president in implementing policies and managing national and international affairs.

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IRS Outlines Inflation-Adjusted Deductions for 2025 Tax Year

The standard deduction rises up to $15,000 for single and $30,000 for married taxpayers. The Internal Revenue Service (IRS) updated its standard deductions for U.S. taxpayers in 2025,…

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