The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

A draft House version of the massive GOP tax and budget bill would make some expiring tax cuts permanent. Other goodies, including a bigger child tax credit and tax breaks for tips and overtime, are ...

A summary of key provisions of the recently enacted reconciliation package informally known as the One Big Beautiful Bill Act (OBBBA) impacting finance, employee benefits and executive compensation, ...

Below are details of many of the tax provisions in the act commonly known as the One Big Beautiful Bill Act, which was signed into law Friday by President Donald Trump. The House approved the measure ...