Both versions of the bill include provisions that allow non-itemizing tax payers to deduct charitable contributions.

For many families, another key source of savings is the child tax credit. Senate Republicans proposed permanently increasing ...

The Finance Committee draft improves on the House by making business expensing permanent and reining in more Medicaid abuses.

U.S. Senate Republicans have unveiled their version of President Donald Trump's sweeping tax-cut and spending bill that is ...

A proposal by Senate Republicans would adjust the pace at which some crucial home energy efficiency and electric vehicle tax ...

Senate's tax bill draft maintains Trump tax cuts, caps SALT deductions at $10,000, and limits tax-free tips, but fails to cut ...

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

If enacted, Republicans’ draft legislation would mean that President Biden’s signature climate legislation would effectively ...

Revised Medicaid cuts, clean-energy changes cause friction among Republicans as SALT tensions also linger.

The committee's draft bill proposes cutting solar and wind incentives to 60% of their value in 2026 and ending them by 2028.

U.S. Senate Republicans' proposed changes to President Donald Trump's sweeping tax-cut and spending bill are expected to push ...