The new Senate Tax Bill proposes significant changes to gross income deductions, aiming to reform the tax system and provide ...

Both the Senate and House versions of the massive tax bill include a hefty new tax break for people aged 65 or older: A new ...

U.S. lawmakers appear primed for a tax-bill showdown with the Senate’s proposed version of the “big, beautiful” act ...

Senate Republicans introduced tax cuts to prevent a $4 trillion tax hike, including permanent lower tax brackets and new ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

Proposed Republican tax legislation includes a temporary enhanced deduction for seniors ages 65 and up. Here’s who experts say would benefit most.

Senate and House Republicans’ big beautiful spending bills could boost the child tax credit. Here’s who could benefit.