What do you think of President Donald Trump’s so-called “big, beautiful bill, which he signed into law on July 4 after narrow ...

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 ...

President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...

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

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

Trump's trade policies have hit Iowa's farmers hard, especially with China's retaliatory tariffs slashing soybean exports and ...

Tesla founder Elon Musk reiterated his proposal for the United States to establish a new political party called the “America ...

The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly exempt those payments from taxes.