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Senate version of Trump's budget bill includes a new tax break worth up to $2,000—around 90% of filers could take advantage
Both versions of the bill include provisions that allow non-itemizing tax payers to deduct charitable contributions.
Senate Delays and Scales Back ‘Revenge Tax’ in Trump Bill
Senate Republicans plan to delay and make less onerous a levy targeting foreign companies and investors from countries that ...
Senate bill would raise value of tax credit to use captured CO2 to produce more oil
A U.S. Senate panel proposed making the tax credit for capturing carbon emissions for recovering oil equal to the $85/metric ...
Senate Republicans seek tougher Medicaid cuts and lower SALT deduction in Trump’s big bill
WASHINGTON (AP) — Senate Republicans on Monday proposed deeper Medicaid cuts, including new work requirements for parents of ...
Senate Republican Tax Bill Would End Federal Taxes on Many Guns, Silencers
Senate Republicans’ tax bill would eliminate federal taxes and regulations on short-barreled rifles, short-barreled shotguns ...
US Senate floats full phase-out of solar, wind energy tax credits by 2028
The U.S. Senate tax committee proposed a full phase-out of solar and wind energy tax credits by 2028, but extended the ...
Senate GOPs carefully weighing controversial tax provisions before bringing Big, Beautiful Bill to the floor
Big, Beautiful Bill timeline in jeopardy as Senate vote delays to June 22, leaving a tight window for House approval before ...
SALT the big question mark as Senate gears up to release tax plan
The major question facing Republicans as the Senate Finance Committee works to release its One Big Beautiful Bill Act tax ...