While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

In a surprising move, the U.S. Senate just passed the “No Tax on Tips Act,” by a vote of 100-0; no senator on either side of ...

As President Donald Trump attempts to muscle his GOP agenda through a narrow House majority, Rep. Chip Roy is perhaps the ...

House Republicans are grinding out last-minute deal-making to shore up wavering GOP support for President Donald Trump's ...

A sweeping Farm Bill that includes $300 billion in cuts to food assistance programs has cleared the U.S. House Committee on Agriculture.

Last week, groups in the anti-carbon pipeline camp raised alarms about the reconciliation bill over a provision tucked within ...

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

Trump is trying to push his 'big beautiful tax and spending bill through Congress. Here's who would benefit the most – and ...

The unexpected voice vote comes as congressional Republicans work to pass legislation that would include a similar provision.

The GOP might extend and increase the higher estate and gift tax exemption and AMT thresholds. What might this mean for your ...

Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.