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

The bill that passed the Senate includes a $6,000 senior tax deduction, compared with the House’s $4,000 deduction.

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 ...

An electric vehicle advocacy group on Tuesday urged the U.S. House to revise a bill passed by the Senate that would end the ...

The Senate has hauled President Donald Trump’s big bill of tax breaks and spending cuts to passage after a turbulent ...

WASHINGTON (Reuters) -U.S. Senate Republicans passed President Donald Trump's massive tax-and-spending bill on Tuesday by the ...

Massachusetts’ wealthiest neighborhoods stand to gain significantly from a key provision in the so-called "one big beautiful ...

The Senate approved the Republican budget bill as President Trump and GOP lawmakers move to dismantle the 2022 climate law ...

Trump is trying to push his 'big beautiful' tax and spending bill through Congress. After the Senate passed its version, here ...

The legislation extends trillions of dollars in tax cuts from Trump’s first term and implements new campaign promises, while ...

The president and his Senate allies have cited inaccurate claims about their tax and policy bill, which is now headed back to ...