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The last states are wrapping up legislative sessions, and some are crossing the finish line with major income tax cuts.
President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting.
The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering significant relief to high earners in many Democratic-led states by partially ...
President Trump this weekend signed into law a massive tax and spending megabill that will reduce revenue by around ...
Compared to its House counterpart, the Senate bill makes certain tax provisions more generous, including corporate tax breaks ...
It is clear that this tax credit has the potential to come with an enormous cost if private school groups are successful in ...
The Trump megabill will give the top 1 percent tax cuts totaling $1.02 trillion over the next decade. For comparison, the ...
The popular child tax credit will receive a slight boost from President Trump’s signature tax and spending bill – but there are caveats.
“America needs to fix its broken immigration system. Bipartisan reform attempts have repeatedly failed over more than three decades, as Congress has kicked the can down the road without solving ...
The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely ...
Congressional Republicans gave final approval to a federal budget bill that makes historic cuts to social safety net ...
The plan, part of the Republican domestic policy bill, includes all but the wealthiest families. But states must opt in, which could limit its reach.