A much followed tax break improvement is inching toward becoming a reality. A proposed tweak to the state and local tax (SALT ...

The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.

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

The legislation for Trump's agenda on taxes, health care, immigration, energy and more would add $3.3 trillion to the deficit ...

An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new ...

The Senate made adjustments to preserve the state and local tax deduction for pass-through entities such as accounting firms.

The Reconciliation Bill being debated in the Senate contains many tax provisions beyond extending portions of the Tax Cuts ...

With US President Donald Trump pushing for passage of his sweeping tax and spending package by July 4, Republicans are ...

The Senate is on the verge of advancing Trump’s priorities, dubbed the One Big Beautiful Bill. Here’s how it could change the ...

With a July 4 deadline looming, here are the basics of President Donald Trump's Big Beautiful Bill and where it stands in the ...

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.

The One Big Beautiful Bill extends tax cuts from Trump’s first term, implements new campaign proposals — including no taxes ...