The SALT deduction, which is an alternative to the standard deduction provided to US taxpayers, has been extended from ...

Thursday's passage of President Donald Trump's One Big Beautiful Bill Legislation is a major victory with consequences that ...

The bill is set to massively widen the US’ budget deficit and leave an added 12 million Americans without health insurance.

The proposed ‘One Big Beautiful Bill Act’ would raise the SALT deduction cap to $40,000, benefiting wealthier taxpayers in ...

Oil drillers win access to public lands and manufacturers get tax breaks, while elite universities face new endowment taxes ...

President Trump is scheduled to sign the bill into law at 4 p.m. on July 4 at the White House, locking in tax reductions and Medicaid cuts.

Washington homeowners in particular stand to benefit from a provision that increases the amount in property tax payments they can deduct on their 2025 federal returns.

Many tax breaks and provisions will go into effect soon. But some cost-cutting measures, like Medicaid changes, will take a ...

The two candidates in the New Jersey governor’s race took different positions on a sweeping, Donald Trump-backed bill that ...

When Donald Trump signs the “Big, Beautiful Bill” on Friday, it will be a starting point for a big messaging battle with an ...

Congress has signed off on a $3.4 trillion legislative package featuring new tax breaks, spending cuts, and more funding for ...

With $3.2 trillion in direct costs and $700 billion in interest payments, the budget proposal would bring total new borrowing ...