Have you ever wondered how the tax system was formed? U.S. taxes have faced many changes since they were first introduced in the country.

The One Big Beautiful Bill Act introduced a new deduction called No Tax on Overtime for the 2025 tax filing season.

You’ll find new deductions and new forms when you file taxes this year, thanks to the One Big Beautiful Bill Act.

DOWNLOADING OUR FREE MOBILE APP. PRESIDENT TRUMP’S PROMISE TO ELIMINATE FEDERAL INCOME TAX ON WORKERS TIPS AND OVERTIME IS NOW A REALITY. AFTER HE SIGNED THE BIG BEAUTIFUL ACT THAT PASSED IN CONGRESS ...

State income taxes often reflect federal policies, but Washington, D.C. and some states have taken steps to keep the latest Republican changes out of their tax codes.

Breaks for investment and research lowered the company’s payments to the U.S. government.