The $40,000 cap would begin in 2025, with the same $500,000 income phaseout, and both figures would rise by 1% annually from ...

What made the cut—from SALT to no tax on tips—and what didn’t.

Speaker of the House Mike Johnson (R-Louisiana) and his lieutenants still have work to do with the House to meet a July 4 ...

Donald Trump’s multitrillion-dollar tax bill is running into Republican resistance in the House as moderate and ...

Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, experts say.

America's takeaway from this should be to laugh hysterically the next time Republicans claim to be the party of responsible ...

The SALT deduction cap is proving to be a major sticking point between House and Senate Republicans. Experts say expanding ...

President Trump's plan on the SALT reduction will provide immediate assistance and relief to our members," the union ...

Let's dive into the key controversial points of this mega bill and know exactly what keeps the House and Senate Republicans ...

The "One Big Beautiful Bill Act," which advances Trump’s second-term priorities on tax cuts, energy, and the border, now heads back to the GOP-led House.

The Senate has approved a significant change to the State and Local Tax (SALT) deduction, raising the limit to $40,000.

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