The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...

Will the standard deduction increase cut taxes on Social Security benefits? For context, the estimated average monthly Social ...

All new car and truck buyers who take out a car loan won't qualify for the tax deduction. Much will depend on your income, ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

Tax breaks on overtime pay and tipped earnings passed the House on May 22, 2025, as part of the “One Big Beautiful Bill Act” (H.R. 1). The ...

President Trump’s new tax plan promises a $4,000 break for seniors — but experts say it would really save most people about ...

On Thursday morning, the U.S. House of Representatives narrowly approved the "big, beautiful bill," the final vote tally came ...

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.