News

No one is calling for a return of the country club dues tax deduction, but even conservatives say that’s more defensible than ...
The 'One Big Beautiful Bill Act' proposes a significant change to the SALT deduction, increasing the cap from $10,000 to ...
House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...
Congressional Republicans are moving quickly to pass a mammoth tax and spending cuts package that could have a direct impact ...
President Trump shifted his stance on the state and local tax (SALT) deduction cap, a policy he implemented during his first term in office. Despite signing the $10,000 SALT cap into law in 2017 ...
The House just made a move that could shake up tax season for a lot of Americans-especially those in high-tax states. Lawmakers voted to raise the cap on the SALT deduction (short ...
President Trump’s domestic agenda bill is spurring a debate over whether blue states are subsidizing red states. After a successful pressure campaign from blue-state Republicans, the House version ...
The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.
But at the same time, lawmakers from high-tax states including New York are demanding a deeper tax deduction, known as SALT, for their ... what's currently a $10,000 cap on the state and local ...