As the Republican Party’s signature economic bill heads to the Senate after being passed by the House, one of the key ...

President Donald Trump’s One Big Beautiful Bill Act, which narrowly passed through the House of Representatives early Thursday morning in a 215-214 vote, includes an increase to the SALT — State and ...

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

Lurie, Newsom, face strong pushback from labor as cuts loom. Maybe everyone should be looking east, where taxing the rich could get a socialist elected mayor of the nation's largest city ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.

The potential reduction in federal revenues would be enough to buy 13 new aircraft carriers. The USS Mike Lawler, anyone?

New York is expanding its child tax credit. The state passed the expansion as part of the budget process, which just wrapped ...

New York State Department of Taxation and Finance published a press release explaining what taxpayers should do when they ...

The 280E section bars any company from claiming standard business tax deductions if it traffics in Schedule I or Schedule II controlled substances. Marijuana has been a Schedule I narcotic since the ...

All eyes will be on GOP Sens. Josh Hawley, Susan Collins, Rick Scott, Ron Johnson and others who are pushing for changes to ...