Retirees also have reason to pay attention. The Senate bill includes a larger senior tax deduction — $6,000 per eligible ...

The bill aims to extend the income-tax cuts from the 2017 tax law while widening the state and local tax deduction.

New York Rep. Mike Lawler told Fox News Digital that he is pleased with the Senate's latest compromise on state and local tax ...

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

Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the ...

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.

A trio of key moderate House Republicans say they are rejecting the latest offer from Senate Republicans and the White House ...

The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...

President Trump on Friday urged Congress to move faster on his tax bill after negotiators reached a provisional agreement on ...

The SALT cap has been perhaps the most vexing policy consideration for the Senate’s GOP tax writers. The current $10,000 SALT cap was imposed as part of President Donald Trump’s 2017 tax cuts. Now, ...

The Reconciliation Bill being debated in the Senate contains many tax provisions beyond extending portions of the Tax Cuts ...