A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.

President Donald Trump has signed his signature bill of tax and spending cuts at the White House Fourth of July picnic.

At a Fourth of July White House picnic, President Donald Trump signed a major tax and spending bill, celebrating its passage ...

U.S. President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging ...

President Donald Trump signed his $3.4 trillion budget bill into law Friday, enshrining an extension of tax cuts, temporary ...

In a speech from the White House balcony facing the South Lawn, Trump thanked Republican lawmakers who helped usher the bill ...

A provision that allows bettors to deduct only 90 percent of their losses threatens to drive some professionals to other ...

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...

US President Donald Trump is to sign his landmark policy bill into law, a day after it was narrowly passed by Congress. The ...

The bill is deeply unpopular - with nearly 2-to-1 opposition, according to a Washington Post-Ipsos poll conducted in June.