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The SALT deduction cap is proving to be a major sticking point between House and Senate Republicans. Experts say expanding ...
President Donald Trump amped up pressure on Congress to speed passage of his tax-cut bill as Republicans reached a tentative ...
An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new ...
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 Republican megabill cuts trillions in taxes, while scaling back spending on Medicaid and other federal programs. It now ...
A popular tax break used in high-tax states like New Jersey would be capped under a deal reached over the weekend by ...
Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the ...
Treasury Secretary Scott Bessent and House Speaker Mike Johnson are projecting optimism that they can soon unlock a ...
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