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A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.
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 ...
It’s the celebration President Donald Trump has been waiting for. After weeks of cajoling Republicans into backing ...
A provision that allows bettors to deduct only 90 percent of their losses threatens to drive some professionals to other ...
The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...
When President Donald Trump signs his so-called big, beautiful bill into law Friday, much of the focus will be on its ...
President Donald Trump signs $3.3 trillion tax bill that extends 2017 tax cuts, raises debt limit by $5 trillion, rescinds ...
One health policy professor said cutting Medicaid and similar programs "will be devastating" to millions of Americans.