Whether you were in favor of President Donald Trump’s One Big Beautiful Bill or against it, what is important now is how the new legislation will affect you. It can pay to dig a bit deeper into the details in order to avoid any unpleasant surprises — and even to enjoy some tax advantages resulting from the new law.

Fresh off passage of the “One Big Beautiful Bill,” some anti-tax advocates hope to push the administration to change how taxable capital gains are calculated.

Lawmakers noted their letter comes as “recent IRS staffing challenges caused by the Trump Administration” have complicated the processing of outstanding tax refunds.

A set of provisions tucked into President Donald Trump’s new tax-and-spending law has real estate developers and affordable housing proponents cheering – though some view it as a bittersweet victory.The law makes significant changes to the Low-Income Housing Tax Credit,

The bill, ushered through Congress by Republican leadership and signed by Trump Friday, includes $4.5 trillion in tax cuts, slashes spending on Medicaid, and creates temporary tax deductions for overtime and tipped income. It includes $170 billion for immigrant detention and for new personnel for Immigration and Customs Enforcement.

President Trump's 'big beautiful bill' will provide a boost to the economy in the near term but just a tiny bump over the long run, forecasters say.

U.S. manufacturers secured the business tax provisions they’d hoped for in Donald Trump’s budget megabill, but the president’s erratic trade policy risks tempering any pronounced pickup in capital investment.

The impact of the massive spending bill that President Trump signed into law is expected to filter down to infants and toddlers.