Federal Tax Headlines

Here’s what Trump’s tax plan means for a family of four making $25,000, $75,000, or $175,000

Tax reform seems imminent.

House Republicans passed their version of the Tax Cuts and Jobs Act in November, and Senate Republicans voted to pass their version early Saturday.

Before President Donald Trump can make tax reform official, Republicans will have to agree on one plan. GOP leaders have said the next step will be to take the two bills, which contain significant differences, to a conference committee where they will combine the “best of both” into a final bill.

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