A federal deduction that could help affluent filers in high-tax states is once again up for debate.

The greatest benefits would go to high-income households, while low-income families would see a much more modest boost, ...

Days before Republicans unveiled their sweeping tax cut plan, the chairman of the powerful Ways and Means Committee had one ...

House Republicans' tax bill will include significant relief for senior citizens, Ways & Means Committee Chairman Jason Smith ...

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some ...

Rep. Nick LaLota says raising taxes on top earners would help Trump get the votes he needs to pass his massive tax and ...

The IRS Direct File program could be canceled in favor of a public-private partnership if Congress passes Trump's one big, ...

Even though most Americans may see lower taxes, Republicans’ spending cuts could outweigh those benefits and leave some worse ...

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...

President Trump is returning from a Middle East trip where he was feted by foreign leaders to find his legislative agenda on ...

The 37-member House Budget Committee convened for a crucial vote on Trump's "big, beautiful bill" that could determine ...