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

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

President Donald Trump has signed his signature bill of tax and spending cuts at the White House Fourth of July picnic.

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

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

President Donald Trump signed his $3.4 trillion budget bill into law Friday, enshrining an extension of tax cuts, temporary ...

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 ...

The GOP tax bill stands to deliver a $170 billion windfall to turbocharge immigrant detentions and deportations. But public ...

US President Donald Trump is to sign his landmark policy bill into law, a day after it was narrowly passed by Congress. The ...

The bill is deeply unpopular - with nearly 2-to-1 opposition, according to a Washington Post-Ipsos poll conducted in June.