Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

Many taxpayers could see even more money in their pockets in coming years under a sweeping tax and spending cuts package that ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or her state and local ...

Trump proposes ending income taxes for those earning under $200K using tariff revenue, but experts doubt its feasibility.

The bill would make key portions of the TCJA permanent and create a new "senior bonus" deduction, among its many provisions. An AICPA statement said it is “deeply troubled” by the plan to curtail use ...

Former Vice President Mike Pence is praising congressional Republicans for pushing ahead with President Donald Trump’s bill ...