News

On May 22, 2025, the House of Representatives passed the One Big Beautiful Bill Act (OBBBA). Tax-related proposals contained in the OBBBA would ...
As the big, beautiful tax bill winds its way through Congress, Wisconsin construction companies are watching for tax ...
The State and Local Tax (SALT) deduction has been a pivotal aspect of the U.S. tax system, especially impacting taxpayers in ...
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
Republicans narrowly advanced their tax and spending cuts budget bill through the House earlier this week after President ...
The 1,116-page bill the House passed early Thursday morning to enact President Trump’s ambitious legislative agenda faces a swarm of objections from Senate Republicans. GOP senators are calling ...
Republican congressmen, including Long Island's Andrew Garbarino and Nick LaLota, led the fight to increase the state and ...
House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.
Some of the most contentious issues now awaiting votes in Congress would have particularly heavy impacts on California.
The debate over the federal deduction for state and local taxes (SALT) intensifies as proposals to raise the cap to $62,000 ...
It’s a non-starter with representatives in the House’s so-called “SALT Caucus,” who have campaigned ... called Republican support the proposal "unacceptable." Rep. Josh Gottheimer, also ...
A key tax deduction is tripling under a new proposal in Congress, but it’s not enough for some Republicans, threatening President Donald Trump’s legislative agenda. The House Ways and Means ...