The One Big Beautiful Bill permanently doubles estate tax exemptions to $15 million per person while enhancing agricultural ...

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...

A provision that allows bettors to deduct only 90 percent of their losses threatens to drive some professionals to other ...

President Trump’s domestic agenda bill spans military and immigration measures, major cuts to national healthcare, and ...

A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.

With the GOP’s “big, beautiful bill” headed to President Trump’s desk for signature Friday, wealthy Americans are poised to ...

Higher earners could benefit most from the tax bill in the short run, but future generations of all incomes would be 'worse ...

New York Democrats blasted coming harm to safety-net programs as Republicans celebrated the completion of a huge package of ...

The Social Security Administration reportedly sent out an email claiming the policy bill “eliminates federal income taxes on ...

The president wins over sparring factions within his own party to get the bill passed after months of wrangling.

"On Long Island, the messaging battle will take place over SALT," said Levy, referring to the $10,000 cap on state and local ...