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No one is calling for a return of the country club dues tax deduction, but even conservatives say that’s more defensible than ...
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MiBolsilloColombia on MSNIncrease in SALT cap eases taxpayers' path to other deductionsThe 'One Big Beautiful Bill Act' proposes a significant change to the SALT deduction, increasing the cap from $10,000 to ...
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NerdWallet on MSNTax Deductions Might Go Up. Would You Benefit?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 ...
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