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

U.S. Senate Republicans are moving forward on President Donald Trump's sweeping tax-cut and spending bill that includes major ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

The Senate has proposed numerous changes to the "One, Big, Beautiful Bill" that the House narrowly passed. The Senate's ...

Starting your working career with a steady salary is an exciting milestone – both for you and the Tax Man. As the South ...

Which is why the true aim should be a SALT credit. Anything to localize spending and taxing as much as possible. There’s your ...

The legislation also includes a minimum $100 fee for those seeking asylum, down from the $1,000 fee outlined in the House ...

KEY TAKEAWAYS As the federal budget bill makes its way through Congress, lawmakers are debating whether to increase the cap ...

Under Trump’s ‘big bill,’ the Senate Finance Committee has proposed a larger bonus tax deduction for older adults than the ...

Millions of taxpayers may soon benefit from a new tax deduction worth up to $2,000 for qualified charitable contributions.

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

Nixing federal income taxes on overtime and tipped income was one of the president's top policy promises during his 2024 ...