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

GOP congressional leaders managed to deliver the legislation to the president's desk ahead of his self-imposed July 4 ...

President Donald Trump signed his package of tax breaks and spending cuts into law Friday after his cajoling produced almost ...

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

President Donald Trump signed his mammoth domestic policy bill into law, securing a major legislative win by his July Fourth ...

President Donald Trump will be celebrating the Fourth of July by signing his massive spending bill that narrowly passed in ...

It was a victorious moment for President Trump, signing his tax and spending bill during a White House July 4th celebration.

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

President Donald Trump is expected to sign his package of tax breaks and spending cuts into law Friday after his cajoling ...