Now that tax season has arrived, you might be wondering whether or not you’ll owe the government money this year. How much ...

Some lawmakers and President Trump want to offer overtime tax relief. But will a tax deduction or an exemption help you most?

The proposal ends some taxes on tipped income and overtime pay and extends Trump’s expiring 2017 tax cuts.

The House Ways and Means Committee in a Monday meeting proposed raising the cap on state and local tax deductions to $30,000 but limiting them to those earning under $400,000, according to people ...

The legislation will now go through an amendment process, which is likely to feature protests from New York Republicans over the State and Local Tax deduction. New York Republicans like Representative ...

It seeks to extend the tax breaks approved during Trump’s first term — and boost the standard deduction, child tax credit and estate tax exemption — while adding new tax breaks on tipped ...

House Republicans are calling for a higher limit on the deduction for state and local taxes, known as SALT, as part of President Donald Trump's tax and spending package. Stream NBC 5 for free ...

That will give you the real apples-to-apples figure that reflects what a comparable taxable bond fund would need to yield to match the tax-free income from a municipal bond fund. “Municipal ...