The Senate’s version of the “big, beautiful bill,” passed on Tuesday, includes a $6,000 tax deduction for Americans 65 or ...

The White House has said workers benefiting from the deduction could see up to $2,000 in annual federal tax savings.

The Senate passed its version of the One Big Beautiful Bill Act. The bill contains many tax provisions beyond extending ...

Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...

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

GOP tax and spending bill would create a tax deduction for workers in tipped occupations. But not all would lower taxes for ...

The House wants to raise the SALT deduction cap, which would help wealthy Californians pay less in federal taxes. The Senate disagrees.

House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as part of President Donald Trump’s tax package. Enacted via the Tax Cuts ...

The sweeping GOP tax bill calls for an above-the-line deduction of up to $10,000 in car loan interest during a given taxable year. You'd pay no tax on that interest, if you qualified. The proposed ...

The sweeping GOP tax bill calls for an above-the-line deduction of up to $10,000 in car loan interest during a given taxable year. You'd pay no tax on that interest, if you qualified. The proposed ...