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Trump signs sweeping tax and spending bill into law
In a speech from the White House balcony facing the South Lawn, Trump thanked Republican lawmakers who helped usher the bill to his desk. He touted the tax cuts in the bill, brushing aside criticism of the impact to social programmes such as food assistance and Medicaid.
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 key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.
President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S ...
A provision that allows bettors to deduct only 90 percent of their losses threatens to drive some professionals to other ...
A new Trump-backed budget law allows tipped workers to deduct up to $25,000 in tips and $12,500 in overtime, offering ...
Tesla founder Elon Musk reiterated his proposal for the United States to establish a new political party called the “America ...
The Social Security Administration this week sent out an email to many Americans celebrating the passage of President Donald ...
The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly exempt those payments from taxes.
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