Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

Want some extra SALT with those budgetary fries? It will cost you, the Joint Committee on Taxation said in a report released ...

As Republicans work to advance their mega bill, the debate over the $10,000 cap on the federal deduction for state and local ...

The House-passed One Big Beautiful Bill Act (OBBBA) would add roughly $3 trillion to the debt including interest throug ...

The IRS has adjusted federal income tax brackets for 2025, increasing the standard deduction and shifting tax thresholds to account for inflation.

On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would ...

On May 22, 2025, the U.S. House of Representatives approved H.R. 1, also known as the “One Big Beautiful Bill Act” (the House Bill). The House ...

In the past week, as never before, President Donald Trump showed mastery of the legislative process. On Tuesday, when his gargantuan tax bill was stalled, he went to Capitol Hill to deliver a ...