Clear Start Tax breaks down how income from platforms like TikTok, YouTube, and Instagram can trigger audits if not reported correctly. IRVINE, CA / ACCESS Newswire / July 18, 2025 / As more Americans turn to social platforms for income,

A new AP-NORC poll shows that while Republican elected officials are promoting their recently passed tax and spending bill as a win for working Americans, everyday Americans broadly see it as a win for the wealthy.

Having never expanded Medicaid, Texas avoided most of the looming federal cuts other states will face. But the Affordable Care Act is a different story.

It pays to know the complex tax rules before rushing to buy or lease an electric vehicle or plug-in hybrid vehicle before credits expire Sept. 30.

S tephen Colbert, the CBS late-night talk show host, was unequivocal in his assessment of Paramount Global’s $16 million settlement with President Donald Trump. “I believe this kind of complicated financial settlement with a sitting government official has a technical name in legal circles,” he said. “It’s a big fat bribe.”

Once upon a time, the idea of simplifying the federal tax code enjoyed widespread bipartisan political support. Times have changed in this regard, and not for the better. That’s bad news, and not just because of the headaches it causes taxpayers each April.

If you want to buy rooftop solar panels or a home battery for backup power, you’ll need to have them installed this year to claim a tax break worth 30 percent of costs. If you want to lease a system, you have more time.

With next year’s midterms looming, strategic timing is everything: tax breaks to households (and corporations) begin in 2025, while most sweeping social program cuts are delayed until 2028. Here’s a rundown of when the budget provisions that could most affect your household will begin:

The president’s signature tax law allows a long-standing business deduction for the cost of food provided to employees to expire.

The start-up, called Truemed, helps people buy meat and mattresses with money that isn’t subject to federal income tax. But does the tax break apply?

Are we getting a stimulus check in July 2025? Here's status update, amount of stimulus checks, how to track IRS refund check by social security number