A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.

President Donald Trump has signed his signature bill of tax and spending cuts at the White House Fourth of July picnic.

At a Fourth of July White House picnic, President Donald Trump signed a major tax and spending bill, celebrating its passage ...

U.S. President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging ...

In a speech from the White House balcony facing the South Lawn, Trump thanked Republican lawmakers who helped usher the bill ...

A provision that allows bettors to deduct only 90 percent of their losses threatens to drive some professionals to other ...

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...

The president’s sweeping domestic policy achievement extends his expiring 2017 tax cuts, but could cause millions in the U.S.

US President Donald Trump is to sign his landmark policy bill into law, a day after it was narrowly passed by Congress. The ...

President Donald Trump signed his $3.4 trillion budget bill into law Friday, enshrining an extension of tax cuts, temporary ...