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Trump budget bill with $4.5T in tax cuts survives key hurdle

House GOP unveils state budget plan with fewer tax breaks than Braun's plan. How it differs

House Republicans unveiled the outlines of their state budget proposal Friday, roughly mirroring Braun's but with a few less tax breaks.

FOX News on MSN · 12h

Trump budget bill with $4.5T in tax cuts survives key hurdle despite House GOP infighting

A mammoth bill advancing a broad range of President Donald Trump’s policy goals survived a key hurdle on Thursday, putting Republicans closer to their goal of passing a bill by sometime in May. The legislation passed the House Budget Committee on a party-line 21 to 16 vote and is expected to be taken up by the entire chamber for a floor vote later this month.

NBC News on MSN · 19h

House GOP panel passes budget blueprint with $4.5 trillion in tax cuts and steep spending reductions

The Republican-controlled House Budget Committee voted along party lines to advance a massive budget blueprint to slash taxes and spending by trillions of dollars.

IRS, tax refund

MLive · 1h

Average 2025 tax refunds are up by more than $300, IRS says

The IRS began processing tax returns on Jan. 27 and says the number of returns are down compared to this time last year, but average refund amounts are up.

CNET on MSN · 1h

The IRS Has Sent $16.6 Billion in Tax Refunds Two Weeks Into Tax Season 2025

On Friday, the IRS released its second week of statistics comparing Feb. 9, 2024, and Feb. 7, 2025. The IRS has processed 23.5 million federal income tax returns, down by 7.6% from the 25.4 million it processed early February of last year.

Time on MSN · 2d

Here’s When You Can Expect Your IRS Tax Refund and How You Can Track It

There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the refund has been sent, it could be up to 5 days before the money shows up in your bank account or a few weeks before your check has been received.

Quieter GOP standoff over the Trump tax cuts

Reuters · 7h

To extend Trump's 2017 tax cuts, Republicans seek to overlook the cost

As congressional Republicans try to extend President Donald Trump's 2017 tax cuts, some are considering an unusual plan to make them permanent while avoiding the political pain of massive spending cuts to pay for them: Argue that they will not deepen the federal deficit.

Honolulu Star-Advertiser · 3h

GOP moves to extend Trump’s 2017 tax cuts, downplaying cost

WASHINGTON >> As congressional Republicans try to extend President Donald Trump’s 2017 tax cuts, some are considering an unusual plan to make them permanent while avoiding the political pain of massive spending cuts to pay for them: Argue that they will not deepen the federal deficit.

Axios on MSN · 21h

The quieter GOP standoff over the Trump tax cuts

House and Senate Republicans are barreling toward a showdown on how much extending President Trump's 2017 tax cuts should cost. A group of senators, led by Sen. Steve Daines (R-Mont.), today threatened to vote against any tax package that doesn't make all of Trump's 2017 Tax Cut and Jobs Act "permanent.

Texas Senate greenlights new property tax cuts

Austin American-Statesman on M… · 3h

'Texas-sized' relief: Senate passes $22.7 billion school property tax cut package

If the Legislature approves SB 4, Texas voters would have to approve the amendment to the state Constitution to make the tax cut permanent.

Houston Chronicle on MSN · 1d

Texas Senate greenlights new property tax cuts despite concerns over mounting costs

The Texas Senate moved swiftly this week to advance property tax relief, one of Gov. Greg Abbott’s emergency items this session. On Thursday, the chamber voted unanimously to increase the state’s homestead exemption on school district taxes from $100,

The Center Square on MSN · 6h

Texas Senate unanimously passes property tax reform bill

After claiming to pass the greatest property tax relief bill two years ago, which included loopholes allowing local jurisdictions to increase property taxes by close to 10%, the Texas Senate passed another bill again claiming it will reduce property taxes.

MLive1h

2025 tax season scam: $1,400 texts from IRS are phishing attempts, BBB says

Scammers target potential victims through a text messaging scheme that claims the target is entitled to a $1,400 stimulus ...

2hon MSN

Trump Social Security Tax Plan: Which Millennials Benefit Most

A new report found high-earning, older millennials would benefit from Trump's Social Security tax proposal—but not all groups ...

2hon MSN

Layoffs to hit IRS as DOGE targets tax collections

Several people briefed on the matter said cuts to the IRS cuts numbering in the thousands. One target is tax collections.

4hon MSN

Maximum tax rise 'truly necessary' says council

Richard Smith, Suffolk County Council's lead for finance, proposed the authority's 2025-26 budget at Thursday's full council ...

Judge sentences ex-Greenberg Traurig tax lawyer to prison

A tax lawyer who was charged with helping wealthy clients conceal tens of millions of dollars from the IRS was sentenced on ...

Inheritance tax hits chopping block as more than 200 Republicans push for repeal

More than 200 House and Senate Republicans are backing a bill to repeal the federal estate tax just as congressional ...

11h

Report: Most Colorado hospitals spent more on community benefits than they received in tax breaks

Most hospital systems in Colorado spent more to benefit their communities than they received in tax breaks in 2022, but state ...

3hon MSN

Municipal Bonds Markets Fear Trump Tax Cuts Could Clip Momentum

The Trump administration’s efforts to cut taxes are threatening to upend the U.S. $4 trillion municipal bond market.

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Trump budget bill with $4.5T in tax cuts survives key hurdle

IRS, tax refund

Quieter GOP standoff over the Trump tax cuts

Texas Senate greenlights new property tax cuts

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