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

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

Lifting that cap would allow high-earning taxpayers in states and cities with high taxes to cut down what they owe ... Read next BI Tech Memo An icon in the shape of an angle pointing down.

Martin Lewis says he 'welcomes' the latest Ofgen price cap announcement - but that is it 'nothing to shout home about'. Ofgem ...

Household energy bills are set to fall by around 7% in July, according to new forecasts. The typical household energy bill is ...

Their average individual income tax cut was only about $6,200, instead of $8,700. The cap had an even greater impact on taxpayers in the top 1%, whose average tax cut was $40,100, instead of $71,000.