Congress passed the One Big Beautiful Bill Act on July 3. The mammoth bill, which is more than 940 pages, was the result of ...

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

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

"On Long Island, the messaging battle will take place over SALT," said Levy, referring to the $10,000 cap on state and local ...

On a late February evening, President Trump sealed the deal for the first vote on his “one big, beautiful bill” with a ...

In the classic Schoolhouse Rock song “I’m Just a Bill,” the bill laments the prospect of waiting with other bills, hoping to ...

President Trump on Friday signed a massive reconciliation package that will extend tax cuts and phase-in cuts to Medicaid, ...

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

Democrats have been blasting President Donald Trump’s tax-and-spending bill for months, but many Republicans have remained ...

Different provisions of the GOP tax and spending bill will kick in over the next year or so. Many are set to expire just ...

Republicans just passed sweeping tax cuts and spending legislation. After months of negotiations, here are some of the ...

If you’ve ever itemized, you might already be familiar with the SALT deduction, the write-off for state and local taxes. It’s ...