Democrats and Republicans agree that any big bill will include something they hate, including the ones on which they vote ...

Getting your Trinity Audio player ready... On July 4, the “One Big Beautiful Bill” was signed into law making it the “One Big Beautiful Act” and enacting sweeping changes to the Internal Revenue Code.

President Donald Trump takes the stage during the AMERICA250 Celebration Kick-Off in Des Moines Iowa on Thursday, July 3, 2025.

A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will ...

The new law lifts what had been a $10,000 cap to $40,000 for tax year 2025 and then adjusts it upward by 1% a year for 2026, ...

The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from ...

Trump’s “big beautiful bill” includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise ...

The latest SALT deduction change could mean thousands in tax savings for small businesses. But it’s won't be a permanent staple.

The “One Big Beautiful Bill Act” may have been touted as bringing Americans the largest tax cuts in history, but plenty of high-earning taxpayers will end up shouldering a tax increase, said Holly ...

President Donald Trump's tax and spending bill revives and expands homeowner tax breaks — while making the current mortgage ...

Under the bill, the SALT cap temporarily increases to $40,000 per year, so long as your annual income does not exceed ...