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

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

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

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

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

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

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

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

The Republican-controlled House has passed a significant tax and spending bill, advancing President Trump's priorities. A key ...

For instance, Rep. Josh Gottheimer (D-NJ) cast his lobbying effort as a “fight to ensure the full SALT deduction is returned in full … ” This is misleading, though. In fact, for most high ...

House Speaker Mike Johnson (R-La.) reached a deal with Republican House members from blue states who pushed for an increase ...