The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

Final tax reform bill preserves SALT and PTET deductions for traders and professionals, avoiding SSTB carve-outs and ensuring ...

House Republicans passed the wide-ranging Trump tax legislation dubbed the One Big Beautiful Bill Act, overcoming resistance ...

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

The Big Beautiful Bill Act, once signed into law by President Donald Trump, will bring in several changes to Medicaid, ...

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

A popular tax break used in high-tax states like New Jersey would be capped under a deal reached over the weekend by ...

Notably, by changing the bill, the total Senate bill will cost $37 billion more than it would have, according to the Joint Committee on Taxation.

Senate Republicans coalesced to pass President Donald Trump's colossal "big, beautiful bill" early Tuesday morning, which ...

The 2017 Tax Cuts and Jobs Act (TCJA) cut income tax rates for most Americans, delivering an average savings of $2,100 for Florida taxpayers. Need a break? Play the USA TODAY Daily Crossword Puzzle.