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

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 ...

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

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

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

While the House tax bill that passed Thursday included "no tax on tips" and "no tax on overtime" provisions, the Social ...

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

All Johnson, Lawler, and other Republican moderates ask in return is to expand the budget deficit (which is already more than ...