President Donald Trump falsely claims the ‘biggest tax cuts ever’ while Democrats add in the impact of a Biden-era policy.

Taxpayers will see a number of new credits and deductions when they file their taxes in 2026. Here's when other "big beautiful" bill provisions go into effect.

President Donald Trump's massive tax and spending package levies a hefty tax on the universities with the largest endowments.

Now that the tax and spending bill has been signed into law, how it will impact the finances of Americans is more clear.

He touted the tax cuts in the bill, brushing aside criticism of the impact to social programmes such as food assistance and Medicaid. "The largest spending cut, and yet, you won't even notice it ...

The Trump administration’s “big, beautiful” tax and spending bill is now law across the country, but its impact on states is still uncertain. Democrats on Capitol Hill predict devastating cuts to the SNAP nutrition program and Medicaid.

President Donald Trump’s new tax law creates both winners and losers — and certain homeowners are poised to win big from the law’s higher deduction for state and local taxes. The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,