Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT ...

Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under the One Big Beautiful ...

A final House vote is expected Thursday for President Trump's second-term agenda on tax reductions, immigration enforcement ...

Republicans claim to champion fiscal responsibility, but the Senate passed a $4 trillion spending monstrosity that makes the ...

From an increase in the child tax credit to a repeal of student loan forgiveness, here's how Donald Trump's "big beautiful ...

The current $40,000 SALT cap that was brokered appears likely to stay as any changes would undoubtedly cost votes from the ...

The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely ...

It was a key sticking point among Republicans in the House when the spending bill was under discussion this spring.

The so-called "Big, Beautiful Bill", formally known as the One Big Beautiful Bill Act, has generated political fireworks.

The megabill that awaits final passage in the U.S. House will have far-reaching impacts on the wallets of Long Islanders and ...

With $3.2 trillion in direct costs and $700 billion in interest payments, the budget proposal would bring total new borrowing ...

"The new tax law is an improvement for most people in Connecticut," certified public accountant Dennis Cole said.