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Senate lawmakers have changed language in the One Big Beautiful Bill Act that would have caused a tax hike for lawyers, accountants, dentists, and other service providers.
Senate Republicans’ tax bill raises the “SALT” deduction cap to $40,000. Here’s who could benefit from the change.
The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually from 2026 through 2033.
Harvard, other Ivies hit with endowment tax hike in Trump spending bill President Donald Trump's massive tax and spending package levies a hefty tax on universities with the largest endowments.
Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT deduction cap would affect you.
Here's a breakdown on what borrowing federal student loans will look like after both chambers of Congress passed the mega spending bill.
The upper limit of the NHL salary cap, which has been relatively frozen for years during the “flat cap era” due to an extended, collectively bargained period of pandemic-driven austerity, will ...
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