The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...

The 'One Big Beautiful Bill Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...

Recent SALT deduction changes mainly benefit married couples in high-tax states, raising questions about fairness and ...

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

Two potential New York gubernatorial challengers helped negotiate a federal provision to quadruple the contentious $10,000 cap on the amount taxpayers can deduct from their state and ...

Congressional Republicans are moving quickly to pass a mammoth tax and spending cuts package that could have a direct impact on millions of Americans and drastic consequences for the economy.

The U.S. House of Representatives passed the “One Big Beautiful Bill Act” by a slim 215-214 vote on Thursday, igniting a ...

While some tax saving aspects could benefit clients, advisors said other provisions could negatively impact the economy at ...

Democrats publicly blasted the Trump administration. Meanwhile, Republicans worked behind the scenes to keep some parks open ahead of Memorial Day.

As much as U.S. House leaders hope GOP Senators will leave their Big Beautiful Bill intact, changes are certainly coming.

The bill, designed to carry out Trump’s agenda on taxes, immigration and energy, could have several implications for ...