Below are details of many of the tax provisions in the act commonly known as the One Big Beautiful Bill Act, which was signed into law Friday by President Donald Trump. The House approved the measure ...

This week, the US House Ways and Means Committee released tax legislation that includes several provisions relevant to tax-exempt organizations. The Committee’s proposed legislation is part of the ...

WASHINGTON – The Republicans' massive policy bill would do more than extend income tax cuts, add restrictions to Medicaid and food stamps and pour funding into President Donald Trump's deportation ...

President Donald Trump signed his massive tax and spending bill into law on July 4. The new law will make permanent many provisions of the Tax Cuts and Jobs Act of 2017, including current tax rates ...

The House of Representatives’ One Big Beautiful Bill Act would make most of the tax cuts from President Trump’s first term permanent. However, critical expensing provisions, which ensure that ...

The One Big Beautiful Bill introduced an array of tax changes affecting seniors, service workers, car buyers and others.

Utah Republican Sen. Mike Lee preemptively withdrew a provision in the One Big Beautiful Bill Act on Saturday evening that would have allowed for the sale of federal lands for development after ...

Quietly tucked inside Republicans’ funding deal to end the government shutdown is a provision wiping the congressional Pay-As ...

Senate Republicans have directed the Joint Committee on Taxation (JCT) to score the cost of extending the 2017 Trump tax cuts as a continuation of current policy that would not add significantly to ...

The legislation cuts in half a tax write-off potentially worth hundreds of millions to some professional sports team owners. By Ken Belson Lauren Hirsch and Andrew Duehren Tucked in the domestic ...

Signing the One Big Beautiful Bill Act into law at a White House ceremony on Independence Day may go down as the signature legislative achievement of President Donald Trump’s second term – and not ...

The White House is circulating a proposal that would extend subsidies to help consumers pay for coverage under the Affordable ...