Trump told Republicans, who hold majority power in the House and Senate, to skip their holiday vacations and deliver the bill ...

WASHINGTON — A tentative proposal negotiated between blue-state Republicans, the White House, and Senate leaders over the ...

As Republicans try to get their “big, beautiful bill” passed, Rep. Steven Horsford and other Democrats put forward an ...

This article explores the legal and tax aspects of charitable pledges, emphasizing enforceability, donor commitments, and ...

The One Big Beautiful Bill Act would reduce taxes for many, but the size of the benefit varies by income and could be offset by rising prices or future policy changes. How might you be affected?

The House wants to raise the SALT deduction cap, which would help wealthy Californians pay less in federal taxes. The Senate ...

The One Big Beautiful Bill extends tax cuts from Trump’s first term, implements new campaign proposals — including no taxes ...

While the two bills are similar on the major tax provisions, how they work out their differences in the coming weeks will ...

States’ marginal tax rates, deduction limits, and deduction basis are subject to change. We assume a joint filer with an adjusted gross income of $100,000 contributing $3,000 to a single account.

Plus: The rich are not out of the woods on estate taxes, with $15 million exemption on table Many Democrats and some Republicans want the cap raised, maybe to $30,000 or even $62,000 a year.

Considering state taxes only, paying taxes on $300,000 of taxable income (adjusted gross income) would leave a single taxpayer or married taxpayer filing separately with $275,447.15. $300,000 is ...

Blue State Lawmakers Renew Fight Over State and Local Tax Deductions in Trump’s ‘Big Beautiful’ Spending Bill. ... A total repeal of the SALT cap — which Republican leadership has said is not on the ...