The Senate proposes raising the SALT cap to $40,000 in 2025, a measure that would primarily benefit higher-income taxpayers.

The bill that passed the Senate includes a $6,000 senior tax deduction, compared with the House’s $4,000 deduction.

The SALT deduction cap is proving to be a major sticking point between House and Senate Republicans. Experts say expanding ...

President Donald Trump has pitched no taxes on Social Security benefits. Republicans’ “big beautiful” bill includes a ...

Welcome to the Money blog, Sky News' personal finance and consumer hub. Today, an update on the M&S hack, why an expert ...

The deadline for submitting ITR for FY 2024-25 is September 15, 2025 and this means eligible taxpayers should claim eligible ...