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

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

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 ...

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

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 ...

The 549-page text calls for making many provisions of the Tax Cuts and Jobs Act permanent. The committee says that the SALT ...

The distinctions between gross income and earned income are especially important to understand in relation to tax accounting. Report either one incorrectly and you could end up paying more in ...