Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

Early Thursday morning, the House of Representatives passed the One Big Beautiful Bill Act by one vote. The bill had been ...

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

As someone who has successfully run G&L Furniture and now leads several local initiatives — including Grassroots Real Estate ...

Tucked away in Trump’s 1,100-page “big, beautiful bill” for federal tax cuts is a one-sentence proposal to curtail workarounds to the SALT cap that took the form of pass-through ...

Despite lawmakers increasing the deduction for qualified business income deduction to 23% in the new bill and making it permanent starting in 2026, financial advisors and RIAs organized as ...

House Republicans are looking to push through tax cuts and spending reductions to pass President Trump’s “big, beautiful” budget bill, which is set to slash Medicaid spending. Photo: Jose Luis ...