Days before Republicans unveiled their sweeping tax cut plan, the chairman of the powerful Ways and Means Committee had one ...

A House measure that would make it easier to yank the tax-exempt status of nonprofits that the Trump administration deems as ...

President Donald Trump's budget bill faced a setback as Republican divisions led to its defeat in the House Budget Committee.

A SALT exclusion is different from a deduction. In a deduction, the money you spend on state and local taxes is deducted from your taxable income. So it will only partially reduce your federal tax ...

The Republican tax and spending bill, a cornerstone of President Donald Trump's agenda, faces significant resistance due to ...

Spanning 1,116 pages, the 'One Big Beautiful Bill Act' aims to reshape U.S. economic policy by extending tax cuts, reducing ...

The Moody’s ratings agency downgraded U.S. creditworthiness on Friday from the triple-A category to double-A, as Republicans ...