'Big Beautiful Bill' Passed By House: What It Means In FL

Shrinking IRS faces major task to implement ‘Big, Beautiful Bill’ passed by Congress

The House passed a massive tax and spending cuts package on Thursday, sending the bill to President Donald Trump’s desk before his July 4 deadline. The nearly 900-page bill includes $4.5 trillion in tax breaks and $1.2 trillion in cuts to government programs. Once Trump signs the so-called “One Big, Beautiful Bill” into law on Friday, the IRS will have to scramble to prepare its workforce and its IT systems for major changes to the tax code. Som…

'Big Beautiful Bill' Passed By House: What It Means In FL

'Big Beautiful Bill' Passed By House: What It Means In FL - St. Pete, FL - The more than 1,000-page bill includes cuts to Medicaid and covers 2024 campaign tax promises, including no tax on tips and overtime wages.