The House-approved tax bill could end the popular 'SALT' deduction workaround for certain pass-through businesses. Here's ...

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as ...

The passthrough entity tax/state and local tax deduction remains a priority for the AICPA. The budget bill now being ...

As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...

No one is calling for a return of the country club dues tax deduction, but even conservatives say that’s more defensible than ...

Senate Majority Leader John Thune believes the deal that led the US House to increase the maximum deduction for state and ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you deduct the state and local taxes you’ve already paid, like income tax, ...

One of the most contentious issues in the “big, beautiful” tax bill is how much to raise the state and local tax deduction, ...

President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...

Several New York House Republicans are taking rapid credit for a $40,000 SALT cap passed in the budget bill early on Thursday ...