WASHINGTON—Congress expanded opportunities for taxpayers to postpone, minimize or avoid capital-gains taxes in President Trump’s new tax law, giving boosts to investors without cutting the headline rate.

Trump's tax and spending law will impact education savings, gambling losses and tips. Here's a breakdown of the highlights.

A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or permanent as some headlines suggest. Tucked inside the “One Big Beautiful Bill,” signed into law by President Donald Trump on July 4,