The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.

The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.

Pass-through businesses would enjoy a higher qualified business income deduction under the bill, which just passed in the ...

Many Americans who make less than $51,000 a year would see their after-tax income fall if the legislation is passed as is.

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

Republican Jack Ciattarelli and Democrat Mikie Sherrill traded sharp criticism on social media this week over a proposed ...

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

At 6:54 a.m. this morning – after several days of political wrangling and an all-nighter House voting session – House ...

The House of Representatives narrowly passed a sweeping piece of legislation backed by former President Donald Trump ...

House Republicans approved a massive legislative package comprising the major pieces of President Trump’s domestic agenda Thursday, including tax cuts, an immigration crackdown and sharp ...

But the political implications ... bill includes a $40,000 SALT deduction cap for individuals making $500,000 or less — quadruple the current $10,000 deduction cap adopted as part of the 2017 ...