A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.

At a Fourth of July White House picnic, President Donald Trump signed a major tax and spending bill, celebrating its passage ...

Flanked by Republican legislators and members of his Cabinet, Trump signed the multitrillion-dollar legislation at a desk on ...

U.S. President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging ...

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 ...

A provision that allows bettors to deduct only 90 percent of their losses threatens to drive some professionals to other ...

President Donald Trump signed his mammoth domestic policy bill into law, securing a major legislative win by his July Fourth ...

President Trump’s domestic agenda bill spans military and immigration measures, major cuts to national healthcare, and ...

The Congressional Budget Office estimates the package will add $3.3 trillion to the deficit over the decade and 11.8 million ...

President Trump's sweeping domestic policy bill passes Congress with tax cuts, immigration measures, and Medicaid ...

WASHINGTON — President Trump is expected to sign his package of tax breaks and spending cuts into law Friday after his ...